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Strategies & Market Trends : Sharck Soup
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To: Mickey Mouse Operation who wrote (4572)11/10/2000 2:23:41 PM
From: velociraptor_  Read Replies (1) of 37746
 
Things are not looking too pretty for the Nasdaq right now. You are correct in that the bounces keep getting smaller and smaller. At 3060 we are only 30 away from the low, and 60 away from 3000. Things will get ugly realy quick if we break the low. One word of caution though...I have seen this set-up before...close the day on a low that is right on a critical level and bounce hard the next day. I can't predict what will happen but we have some exciting lines to watch nearby.
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