Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 181.30

-2.8%

3:59 PM EST

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To: LTK007 who wrote (41967)	4/2/2001 7:58:11 PM
From: ajtj99	Read Replies (1) of 56535

Max, today's Naz drop was dominated by the SOXX and Biotech. The breadth of the drop was not impressive, but there were 221 new lows as opposed to 68 new highs. Up volume was greater than down volume, and advancers outweighed declines. I think we'll see some early selling in the morning, but today seemed to be an aberation. I'm still looking for the NDX to bounce off support, but that all depends on the strength of the overall market. If the COMP drops to 1646, the NDX support at 1486 will most surely be breached.

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