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Strategies & Market Trends : The New Economy and its Winners

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To: Mark Fowler who wrote (5541)	3/4/2001 12:56:54 PM
From: 16yearcycle	Read Replies (2) of 57684

To any chart reader: stockcharts.com[w,a]whllnnmy[pf] As you can see, we have gone well below long term support. I have another chart that indicates that we have gone below ALL support on the nas since it began in 73-74: we have never been lower on a relative basis. What does everyone make of this, going forward? The only hope I see is if we started another vector, which I now believe, using the 97 and 98 bottoms, then we are at support and haven't broken that support line yet. But if we go much lower, we are in no man's land by any measure.

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