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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Paul Shread who wrote (3148)3/16/2001 10:46:56 AM
From: donald sew  Read Replies (1) of 52237
 
Paul,

>>>> My problem is that all of a sudden a lot of the pros on CNBS are saying this is a bear bounce, and we're headed for 1500-1800 COMPX. You can take whatever contrarian view you want, but you can bet that 1500-1800 won't be THE bottom. <<<<

I have the 1500-1400 region on the NDX as the main support, which is in line with 1500-1800 NAZ. From a contrarian perspective, it makes sense, so the next MAIN support is 1063 NDX, which was the OCT 1998 bottom. Now that is scary.
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