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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: The Phoenix who wrote (29548)	4/20/2000 12:41:00 PM
From: Ms. X	Read Replies (1) \| Respond to of 63513

I had commented the other day that if the Nasdaq pulled back normally there would be a huge cryout that the world was coming to an end - or at least the market. Actually, today is a nice pullback looking at the chart. Unless it breaks support this is quite fine. If it breaks support again I'll be more pessimistic. 4000 ---------------O X O --------------4000- 3950 O X O 3950 3900 O X O 3900 3850 O X O X 3850 3800 O X O X o 3800 3750----------------O X O X o-----------3750- 3700 O X O X o 3700 3650 O O X o <--Today's pullback so far 3600 O X 3600 3550 O X 3550 3500--------------------O X ------------3500- 3450 O X 3450 3400 O X 3400 3350 O X <--Pullback can come back this 3300 * O X far and still be good. Bounce off the bottom-->O ---------- Bot3250 3250 <--A pullback here would be bad. 3200