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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: stan s. who wrote (60286)	9/16/1999 1:14:00 PM
From: kathyh	Read Replies (1) \| Respond to of 90042

hi stan, why is the naz an entirely different situation... the chart looks somewhat similar... the naz also not holding it's trendline... although the trendline is "steeper"? can you explain a bit further?? thanks!! kathy :)

To: stan s. who wrote (60286)	9/16/1999 8:54:00 PM
From: stan s.	Respond to of 90042

Chart from this afternoon when the Dow was breaking support followed by chart at close as it rallied to hold trendline support on a closing basis. Doesn't mean it will continue to hold...but it has been the recent pattern to do so. geocities.com geocities.com So, it's not the most interesting thing I ever saw <g>...worthy of note however. As I said earlier, the key for most of us short term, is whether the Naz decides to test it's trendline support...it's got significantly farther to drop if it does.