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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dealer who wrote (31615)2/21/2001 7:22:20 PM
From: Dealer  Read Replies (1) of 65232
 
To:IQBAL LATIF who wrote (36801)
From: James Strauss Wednesday, Feb 21, 2001 2:42 PM
Respond to of 36813

Nasdaq 2250 Looks Like The Bottom???
***************************************************
Ike:
A look at this 6 month chart of the Nasdaq shows a strong anti-gravity field in the 2250
to 2300 area... On several occasions this area has acted like a trampoline...
bigcharts.com.

A look at the 3 month chart shows this support area more clearly...
bigcharts.com.

The moment of truth is coming soon... Will 2250 hold??? If not, the next solid support
area is 1800... Let's root for 2250 to hold... Otherwise I'll back up the truck for QQQ's
at Nasdaq 1800...

Jim
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