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Strategies & Market Trends : Three Amigos Stock Thread

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To: JoeinIowa who wrote (22549)12/2/2000 11:00:05 AM
From: Magnatizer  Read Replies (3) of 29382
 
Joe

Technically the nasdaq is showing signs of a tradable rally coming. 50% retrace from all time high is enough to get a few technicians jumpy.

That said I do not like how the Nas 100 is trading under 2612. This is telling me that it will return to this area after the rally. But, thats a good 4-500 (my minimal target for nas 100 is 2989) points away before I concern myself with the retest.

I will have more on my site by Sunday.

ht
Mag
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