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Politics : Idea Of The Day

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To: GROUND ZERO™ who wrote (39408)5/3/2001 1:29:31 PM
From: James Strauss  Read Replies (1) of 50167
 
I agree with you and I agree with your near term target zone of about 2600... I think we'll
see a later run to 3000 and an eventual break out of new highs further out.....


GZ:

A look at the three year Nasdaq chart shows a primary bear trend that is beginning to be violated to the upside...
bigcharts.com

Note the the period Moving Average beginning to give way to the price probes...
bigcharts.com

An eventual return to the 3000 area will set up a bullish reverse head and shoulders pattern...
bigcharts.com

If successfully taken out it sets up tests in the 3500 and 4000 areas... But first things first... We have to bounce off 2000... : >

Jim
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