AJTJ99 Message Board - Msg: 17200517

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Strategies & Market Trends : AJTJ99

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To: DrGrabow who wrote (5)	3/14/2002 11:13:00 PM
From: ajtj99	Read Replies (1) of 11

Sorry, burp, all gone! Tomorrow I'm looking at some important levels on the NDX. If we gap down a few points, we should bounce up to NDX 1500 on our way to possibly 1513 or 1525. Resistance above is 1500 and any rise above 1485 should be bought if we don't gap down, IMO. Ideally, I see a low of NDX 1470 tomorrow early and a strong bounce off that support. Key support below is NDX 1450 and ultimate support is NDX 1424. Strong overhead resistance is at NDX 1550, although I don't believe we'll have t worry about that for a while. I don't think this bounce will last longer than a couple days, as we've got some unfinished business on the dark side. Just my 2-cents, which is probably more than this is worth.

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