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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.00+0.2%Nov 11 4:00 PM EST

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To: Psycho-Social who wrote (70981)3/2/2001 8:34:03 AM
From: el paradisio  Read Replies (1) of 99985
 
<it will be difficult to push the Nasdaq down much further>...
I think, Nasdaq has still room to go further down...
Looking at my balancing analysis....Nasdaq can only find the ground here with "help" from Dow.
If Dow will start correction now, Nasdaq is too weak and will slide further.
The time for watching oversold conditions and making predictions on this status is over...
Regards,
el
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