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Strategies & Market Trends : Technical Analysis - Beginners

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To: gonzongo who started this subject	2/9/2001 11:12:38 AM
From: Trader X	Read Replies (1) of 12039

The case for a NASDAQ bottom. I did a 30 year monthly trend-channel study of the Nasdaq, and there is a case to be made for an immanent market bottom. home.austin.rr.com I know trend channels can be broken, but there appears to be some support in the low-mid 2000s for a bottom. This may not effect the way you daytrade, but it should provide some perspective on the current market levels.

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