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Strategies & Market Trends : Classic TA Workplace

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To: ajtj99 who wrote (48954)8/4/2002 10:39:47 PM
From: augieboo  Read Replies (1) of 209892
 
I don't expect this drop to get below 21 QQQ through Tuesday

Okay, here's a scenario for you:
[1] NDX drops to your low of 843ish on Tuesday;
[2] Tuesday after the bell, Smiling John lays something really stinky.

Q. Will Da Boyz be able to sell that as "already priced in," or will we go off the cliff again on Wednesday (and maybe the rest of the week)?

BTW, if we do go off the cliff, it looks to me like the 785-805 region, (from 1996-1997), is the next support.
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