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

To: MulhollandDrive who wrote (46474)	7/21/2000 6:06:39 PM
From: Atin	Read Replies (1) \| Respond to of 63513

The NAZ looks similar but only superficially. The highs were at 5100, the fall to around 4000 on 4/5, the breakdown, then the bounce that peaked on 5/1-5/2 where 4000 was resistance. The NAZ worked this resistance for a while all thru mid-June and now 4000/4050 seems to be acting like support. Not really a cup and handle and I was reading somewhere that sharp tests are better support/resistance than long drawn out tests. The working thru resistance at 4000 was drawn out, and so I'm a little unhappy about this testing of 4000 that is going on. And I've noticed that whenever I start to "hope", I lose. And right now I'm hoping the NAZ turns up! Maybe I should short QQQ and start hoping I win . . . -Atin P.S. But what do I know . . . I just write code! <g>