SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Poet who wrote (89059)4/3/2001 9:26:01 AM
From: AllansAlias  Read Replies (1) of 436258
 
Where will NASDAQ bounce if it rolls today out of what looks like a corrective move at the end of yesterday?

Well, there are a number of factors that should force the NASDAQ to bounce somewhere around 1735-1745. That's not far away. Aside from some minor issues, we have:

* the bottom of the channel coming off Sep high
* horizontal support out of 1997/98
* some rising support within the 1974 channel

(For a long-term view, slightly outdated now, of the dung chart see geocities.com and the chart there dated March 14.)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext