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Strategies & Market Trends : The Stock Market Bubble

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To: Roger A. Babb who wrote ()	5/27/1998 2:48:00 AM
From: R Stevens	Read Replies (1) of 3339

A basic TA look at the Nasdaq... The last two corrections in the Nasdaq were for 200 points. If this is a repeat we have 100 more points to go...that would put 1700ish as a support level, which also happened to be the top the previous run up. Two of the last three corrections turned up on the high of the previous rally. At minimum one could look for a big bounce at 1700, no? Nasdaq Weekly 3 Years: cbs.marketwatch.com

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