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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (52622)7/5/2001 7:19:42 PM
From: Real Man  Read Replies (1) of 94695
 
It's NDX (NAZ-100) level, not NAZ, based on short-term swings. I'm short NAZDAQ-100. It could break the previous bottom fairly soon, based on TIME and PRICE pattern for s-t swings. Basically, the TIME period for the recent upswing for NAZ-100 was too long, so the decline should be fairly sharp. The corresponding level for NAZ is 1700-1750. BWDIK
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