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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket.

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To: James F. Hopkins who wrote (105)3/7/1999 11:26:00 AM
From: Dale Baker  Read Replies (1) of 2103
 
Hi Jim -- FWIW, the NASDAQ is very close to a MACD buy signal. One more solid up day should confirm it. There is a nice double bottom now in the 2200's, a 10% pullback from the 2533 top.

Any guess where it could top out next? This was the breather from the runup since October (1400's to 2500's). A similar mega-run could have a long way to go.

That would be a nice debut for Q, or whatever it ends up trading as.
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