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Strategies & Market Trends : NetCurrents NTCS
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To: Teresa Lo who wrote (3546)11/3/2000 3:58:16 PM
From: Michael Watkins  Read Replies (2) of 8925
 
If you look at the daily chart of the NDX, it's actually in a trading range, and people are all getting really psycho out there, hoping and praying

NDX weekly forms an inside bar today and a narrower range than the last two weeks. Kinda looks like a ledge underneath resistance.

Isn't a ledge as good as a wedge, sometimes ;)

Doesn't matter, really, just pays not to be betting the kids inheritance or school fund at times like this when there really is no direction and plenty of danger.
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