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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: dennis michael patterson who wrote (33584)10/19/2000 10:01:44 AM
From: donald sew  Read Replies (1) of 42787
 
Dennis,

The NAZ/NDX did get to the previous peak(NDX @ 3326), so its so close to getting to a HIGHER HIGH. Unless the NAZ/NDX gives up 30-40% of the intraday gains, I would say that a MID-TERM(30 days) bottom has been set. As to whether its the main bottom and the market goes and sets new highs, Im more inclined to say that it may just be another trading range.
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