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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Paul Shread who wrote (37184)	12/4/2000 2:21:05 PM
From: JRI	Read Replies (1) of 42787

Paul, it was unclear to me from your last post...do you expect that Nasdaq to hold, worse-case scenario, the bottom-line of the channel since 1990? I have the lower line landing between 1900-2000... (As mentioned, we have not broken below this line since 1990, and only touched the bottom line of the channel once (in 1998, although maybe we broke it intraday, dunno). Do you see any way that slowdown in technology spending is not just cyclical, but more long-lasting in nature? (and thus, could effect the definition of the channel)?

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