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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?

To: SirRealist who wrote (97)	5/22/2000 12:55:00 PM
From: flyboy	Read Replies (1) \| Respond to of 24256

3000 is what CNBC is saying also but...look when the base was formed from the rally into the close of the year 1999. The base formed from about August 23 1999 to October 20 1999...that range was roughly 2700 to 2800. There has not been any test to the 3000 support level as the index blew through that November 2nd and NEVER retested that level. You may be right but what is 300 points in a 2200 to 2500 point drop?