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


To: Chip McVickar who wrote (1030)4/14/2000 2:50:00 PM
From: John Pitera  Read Replies (3) | Respond to of 33421
 
NASD CHART UPDATE--- rumors that NASD support Exists are TRUE!!! -g-

geocities.com

Here we have it folks:

As we can see we come back to the Major Uptrend Line at
3280 and we have a 50% retracment of the entire price
advance from Oct. 8th 1998 at 3255. This is Powerful
Support and Institutional Money will start to go into the
Market..
Even More Substantive Support exists @ 2900, which was
Prior Support and the .618 retracement @ 2810
This lower Area Is My Blue-Plate Special Buying
Opportunity Area.

John