Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 177.51

+0.7%

3:59 PM EST

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To: LTK007 who wrote (44773)	7/10/2001 10:27:09 PM
From: ajtj99	Read Replies (1) of 56535

Max, the NDX looks a bit more oversold than the COMPX: stockcharts.com[h,a]daclyymy[dd][pc20!c50!c200!d20,2][vc60][iUi14,3!La12,26,9!Lh14,3!Lo14] That's the daily. At the lower end of the Bollinger band again, there may not be that much downside before a bounce. Maybe 1616 or 1590. Since the NDX usually leads the way on these swings, if the NDX bounces, I believe the COMPX will also. I'll be going call side most likely tomorrow, hopefully from the bottom for a bounce to possibly 2030 (maybe a .382 re-trace from 2181) at at least 2000 (a .618 re-trace from today's high).

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