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Strategies & Market Trends : NASDAQ SP DJ OEX INDICES TA ONLY! -- Ignore unavailable to you. Want to Upgrade?

To: Topannuity who wrote (17)	5/5/2000 4:44:00 PM
From: AllansAlias	Respond to of 93

By far the most important level to watch now, however, is the 3300 level on the Nasdaq Composite. Any close below that level would generate and confirm significantly lower downside projections for the Nasdaq Composite. Duh! No kidding. If you're still long at 3300, then you're the last John in the whorehouse and the pounding at the door is not another horny man. This rally today, while profitable for many, was not the stuff that foundations are made of. No volume and not enough breadth for such an apparent bold move. --Allan