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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dalin who wrote (40700)	8/29/2001 10:59:01 AM
From: stockman_scott	Read Replies (1) of 65232

Top o da morning, Dalin!! Hope you're enjoying the day...The market will test our PATIENCE over and over again. The GDP number was supposed to be negative but IMO The Houses are using 'the poor GDP number' as yet another excuse to take the market down and scoop up some more cheap shares. Are you heading out on the boat over the holiday weekend? Best Regards, Scott BTW, here's Briefing.com's take on the Naz... 10:24 ET Nasdaq Composite : -- Technical -- Index is now trading just under support in the area of 1850/1853. Look for subsequent support at the August 21 closing low of 1831 followed up by additional support at the August 22 intraday low of 1817. To the upside, look for resistance on the way back up to 1850/1853 followed up by overhead in the area of 1863/1865.

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