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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (17665)9/4/2001 7:30:26 PM
From: donald sew  Read Replies (1) of 52237
 
Paul,

>>>> Just noticed that NDX is 75 points from its April low (1348). <<<<

It wasn't too long ago, when so many were so adamant that there will be no retest of the APRIL lows, implying clearly that it would not get this low. In my book, the NAZ/NDX is retesting since I use a buffer of about 100 points.

The important question is whether the APRIL 4 LOWs holds or fails. Its only the first trading day in SEPT and the NDX is only 75 points away. So wheres the LABOR DAY RALLY which the media/analysts were pushing.
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