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Strategies & Market Trends : Galapagos Islands
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To: Jorj X Mckie who wrote (51129)3/8/2004 4:34:41 PM
From: PuddleGlum  Read Replies (1) of 57110
 
I pm'd Tim a little while ago and mentioned that the Nasdaq was making me a bit queasy, but your chart makes me think that a triple bottom break is almost a done deal after today's 38 point drop. I wouldn't have been terribly concerned about a 20-odd point drop, but today's selling was relentless. If we have really seen the top then I must say that I'd like my indicators to have a little more conviction than they have demonstrated thus far.
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