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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (27)2/1/2000 11:25:00 AM
From: Chip McVickar  Respond to of 33421
 
John,

Nasdaq has no fork TP's for this week, but 2 next week 8th-11th.
It has responded nicely to the median lines of all 3 major active forks over the last 8 weeks.
I expect 4180 will be seen shortly where a cross of upper and middle tines occur in two days.

If this does not happen then the Nasdaq will see 3350

Today 1405 on the SPX is important area.

Chip



To: John Pitera who wrote (27)2/1/2000 12:46:00 PM
From: GROUND ZERO™  Respond to of 33421
 
This bounce seems reasonable... these markets were way over done on the down side.....

GZ