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To: drsvelte who wrote (12706)3/30/2000 10:45:00 AM
From: shasta23  Read Replies (1) | Respond to of 14427
 
Well, who is sure about things? I think GZ is a perma bull though. When i see Michael Watkins turn bullish then we really turned around. But i would say...the trend is down on the NAZ and i would like to see a new high at least on a smaller time frame(15min e.g) to believe in a turnaround. SO far the NAZ has failed right at the 20DMA15min again and turned around. Still sellers lurking above that MA...when the NAZ crosses above i will think a turnaround is possible.
Not much guessing involved there...just charts.That's how i used to trade before this week btw....let the market tell you where it wants to go!!

Stefan