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To: IQBAL LATIF who wrote (32335)7/28/2000 10:57:23 AM
From: Susan Saline  Read Replies (1) | Respond to of 50167
 
at what point on NAZ do we look to bounce?
-143 now
-154 hmmmm??
-164 ... nearing??

seesm like capitulation nearing now?

buy the dive???

is this the end of profiting ??

-169

are all stocks to become penny stocks??

-174

-159 11:03



To: IQBAL LATIF who wrote (32335)7/28/2000 11:59:00 AM
From: James Strauss  Read Replies (1) | Respond to of 50167
 
Ike:

At this time, caution seems like the best course of action...
bigcharts.com

We have an intraday break of the NDX 3600 area... If it doesn't climb up above 3600 we could revisit the
3000/3100 area...
bigcharts.com

We need to see the NDX climb above 3800 to get it in gear again to the upside...

Jim



To: IQBAL LATIF who wrote (32335)7/29/2000 5:55:57 PM
From: zainrehanzack  Read Replies (3) | Respond to of 50167
 
Ike..Think of it!!

Wait for a moment, stronger economy=higher interest rates by the Fed. This may lead to renewed interest in techs. Take a moment out and think of 'old premises' when Comp made new highs above 5000 on ground that techs would be least impacted by higher interest rates. DOW below 10400 is a short as well as BKX.Comp a long at 3460-80 area with a stop loss at 3370..

Thanks dad for life long membership of SI and hopefully we all will learn from this unique forum..

Zain..