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Strategies & Market Trends : NetCurrents NTCS

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To: CharlieChina who wrote (4825)11/22/2000 1:08:19 PM
From: Michael Watkins  Read Replies (1) of 8925
 
Nicholas,

I think a 1,000 point range is a little big!

One day at a time. With the 11/13 NDX low pierced, what I'm watching now is the 10/18 lows on NYA and SPX. 11/13 low on INDU I guess but I don't really care much about it.

We may yet see VIX at 50/60+ in the coming days or weeks.Nasdaq new lows higher than any time except for the spring now.

On the other hand, ya never know. Pays to have an open mind. Even if it stops moving down with speed, it doesn't mean its time to buy either.
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