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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (38584)7/5/2001 1:11:39 PM
From: Dealer  Read Replies (1) of 65232
 
NDX 1770

donald sew Thursday, Jul 5, 2001 11:16 AM
View Replies (1) | Respond to of 11011

Right now the NDX is at 1790. As mentioned in my last updateThere is alot of support in the 1785-1790 region(trendline support/38% FIB LEVEL/NECKLINE of HEAD & SHOULDER).
If this region is broken to the downside significantly, that would be negative for the NAZ/NDX implying further downside.

Last nite I mentioned that the NECKLINE was at 1780, but after rechecking its around 1785.
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