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Strategies & Market Trends : Waiting for the big Kahuna
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To: James F. Hopkins who wrote (36608)1/21/1999 6:51:00 PM
From: Gersh Avery  Read Replies (2) of 94695
 
The internuts are a pure momentum play ..

So ... the momentum is south fast.

For that matter so is the NDX ..

Furtures on the NDX right now would have us open at ~1928.

Once we cross the 1900 line I think that the next support would be the 50day then the 200day.

Gersh
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