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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist

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To: Jerry Olson who started this subject2/2/2002 4:58:38 PM
From: HoodBuilder  Read Replies (1) of 5893
 
Jer,
I believe Ryan Thomas' chart tells the story. A successful test of 1350 and that should shake out the balance of the weak hands.

securitytrader.com^NDX&ChartID=41885&ChartType=S

I also thought you'd find the following datapoint interesting...

The cash earnings per share for the basket of stocks representing the current Sox index is expected to be 15% lower in 2002 than it was in 1994. But here's the real kicker: The price of this basket of stocks (weighted according to the current index) has increased over five-fold since the same week in 1994."

It just goes to shaw you, Baby Boomers will buy anything, hehe!
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