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Strategies & Market Trends : Group Therapy

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To: country boy who wrote (2818)	1/17/2001 1:48:41 PM
From: E. Graphs	Read Replies (1) of 4564

Hi CB! Good to see you here again. Glad you caught the bottom, and so far it looks like excellent sailing! Just looking at Nasdaq, the obvious trade seems to be sell (or hold through) resistance at 3000 and buy back or add to at a possible retest of 2500/2600 area, which would make for a perfectly designed reverse head and shoulders, wouldn't you think? bigcharts.com Agree with Tim, that 2700/2800 area could be a little tough, but I would guess more rate cuts should keep the rally going. I heard on CNBC that the slowdown could last until spring, and that's only about 8 weeks away. Good Luck to All! E

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