SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (6832)9/22/1999 1:18:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 11051
 
shorted four more sets of NDX



To: Gersh Avery who wrote (6832)9/22/1999 1:27:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 11051
 
Gersh:" NDX-100 "

>I had laid out a trap line x/5 .. 1@2480 .. 79 .. 78 .. 76 .. 75

What would be your upside target ?


I think you'll find the NDX stubborn, Gersh - more weakness in the broader market than the Tech Sector, which looks more like "distribution" rather than "decay".

The apparent support is a horizontal line at NDX 2460 +/-5.

technically, there should be some resistance around the middle of yesterday's candlestick, ~2505.

then... ~2535

fib upside near-target is computed to be 2562.37 fwiw.

-Steve