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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (23899)4/14/2000 9:47:00 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
We are now easily past last Tuesday's low. . .and headed to the 200DMA. . .

Here is what I predicted:

I believe we knife through last Tuesday's low and even pass the 200 DMA. . .before turning. But once the air is deflated out of this balloon. . .I don't expect a major rally to develop. . .though I do expect plenty of minor ones.

Crystal Ball post. . . I believe we are going back to 3400 on COMPX. . . and 3000 on the NDX . . . where we were just after Christmas. . . I think we will rally off this . . . but only to settle back into a trading range of around 3700 to 4200 through the summer . . . trading mostly sideways. It think the Dow will sympathize down to 10,750. . .before moving back up over 11K. . . and trade sideways. . .between 10,500 and 11,300.

Message 13408170

Nasdaq COMPX currently at 3550 and the Naz 100 at 3398. . and still falling.

Dow is now at 10,679. . .already well below my prediction.

Rande Is