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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: kathyh who wrote (52607)8/10/1999 3:13:00 PM
From: stan s.  Read Replies (2) | Respond to of 90042
 
Hi kathy, just returned this morning. Thanks for the kind words. Wild few weeks for the techs!!

Actually the Naz is still responding to the charts dictates...it made an exact dip to the 15% line (white line) this morning and if it closes above the 2470 or so line it will still be riding the up trendline. This is the chart I posted last week but is still applicable, though I'll try and post a new one tonight.
geocities.com

So far a simple correction. One potential problem is that the DOW and some other exchanges have failed to correct as much and if they still need to...could hinder or slow a tech (Naz) recovery...still, no reason for panic in the general market, though admittedly some individual stocks have been badly damaged.

Hope all is well with you.

Stan