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Pastimes : Trading the markets.....
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To: GROUND ZERO™ who wrote (1067)11/30/2000 6:00:32 PM
From: Peace  Read Replies (1) of 4583
 
Hi GZ,

We broke out of a steep declining 4 day channel on the NDX. At the very least we should get a good bounce. I would expect some pressure in the morning from margin calls which would also be a test of the breakout and then we go higher. With the weekend ahead there should be a good short covering rally later in the day.

Peace
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