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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Venkie who wrote (40733)8/30/2001 9:22:43 AM
From: stockman_scott  Read Replies (2) of 65232
 
For the Naz the next support zone comes into play between 1795/1785...

09:16 ET Nasdaq Composite Pre-Market : -- Technical -- Failure of the index to put together a more impressive turnaround yesterday and the after hours/morning negatives (SUNW, MSFT, GLW, DELL) set the stage for a run at the August low (1817). If breached the next support zone comes into play between 1795/1785. A stabilization back above 1835/1845 area is needed to neutralize the short term negative bias.
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