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Strategies & Market Trends : NetCurrents NTCS

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To: iod_sherwood who wrote (2873)	11/1/2000 10:20:07 AM
From: Teresa Lo	Read Replies (1) of 8925

NDX: "...how do ya qualify "bottom"..." It's got to trade above the Oct 20 high of 3514.96, and blast through to the upside. Then on the first pullback, it has to confirm that this resistance level is new support, long the lines of the trajectory in blue. So long as it trades between the two pink lines marked 2B test and Target 2, it's in a trading range, and the outcome is uncertain. ispeculator.com Here's an article about market mechanics that might be useful: ispeculator.com Teresa

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