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

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To: Paul Shread who wrote (42623)	2/15/2001 11:31:41 AM
From: JRI	Read Replies (1) of 42787

Wow, that was a great chart (Trader X).. Looks like..if bottom channel line on 10 year log doesn't hold....that 1500-1600 is the target...that would be the mid-range of the 30 year chart... I guess the big question is: Was the immense, speculative blow-off from Nov. '99-March '00 (1) the end of the 1998-2000 move? or (2) the end of the 1995-2000 move or (3) the end of the 1990-2000 move? Hmmm.... (Funny-This morning, I saw a graph of SPTK index......if we don't hold 1300 region, it looks like a steep decent until next support, which was around 840, or 36% from current levels......what is the Naz Compx equivelent of that? Answer: 1618...Hmmm...ties in nicely with 30 year Naz log mid-range)

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