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To: elpolvo who wrote (7394)3/14/2000 8:01:00 AM
From: lurqer  Respond to of 35685
 
parabolic NAZ?

Well like you I first learned the term in high school algebra. But like many terms Wall Street has its own definition. It simply means a chart that's gone vertical. Like RMBS did in Feb.

siliconinvestor.com

If you like charts, here's a couple of LG's of the NAZ with different time scales and semi-log so the vertical is flattened.

marketdirectionanalysis.homestead.com

and a 1 hour chart exhibiting an interesting wedge.

marketdirectionanalysis.homestead.com

lurking...

lurqer