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Strategies & Market Trends : Point and Figure Charting

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To: Jorj X Mckie who wrote (25097)1/7/2001 1:03:32 PM
From: James Strauss  Read Replies (1) of 34822
 
I am hoping for a higher low though....say about 2200.

JXM:

I'd also like to see a 2200 NDX bottom but the 3rd and 4th candle from the end show that same area of support in the 2000/2100 area...
bigcharts.com

A bounce off a triple bottom would give the 2000/2100 area more credibility as the bottom... Once we see the FED cut rates again in January we should move off the bottom with rising bottoms...

Right now European and Emerging Market equity funds and Bond funds are on offense...

Jim
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