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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (40545)2/8/2000 10:25:00 PM
From: SE  Read Replies (1) | Respond to of 44573
 
John,

At the current pace of the NASD index, how many more months until it surpasses the INDU?

NASD 10K anyone?

Scott



To: John Pitera who wrote (40545)2/9/2000 9:33:00 AM
From: Tom Trader  Read Replies (1) | Respond to of 44573
 
Hi John, interesting chart

Given the slope on that upper band, I would think that prices could come back within the bands relatively easily if they slow down their rate of climb or decline slightly.

IMO, we are within 2% of a short-term top on the spoos -- before we see a minor decline and then another decent rally.

Time will tell


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