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To: Peace who wrote (32410)8/10/2000 10:06:52 AM
From: James Strauss  Respond to of 50167
 
Peace:

The NDX just dropped below yesterday's low in the 3680 area...
bigcharts.com

If it doesn't get up above that today, it could test the 3580 area next...

The last time the ADX moved down from above the 50 area was in April when the NDX dropped over 20% from 3665 to 2900 on an intraday basis...

We could be looking at a move down into the FED meeting, and then a major reversal when rates stand pat...

Jim



To: Peace who wrote (32410)8/10/2000 10:08:54 AM
From: James Strauss  Read Replies (2) | Respond to of 50167
 
Peace:

The NDX just dropped below yesterday's low in the 3680 area...
bigcharts.com

If it doesn't get up above that today, it could test the 3580 area next...

The last time the ADX moved down from above the 50 area was in April when the NDX dropped over 20% from 3665 to 2900 on an intraday basis...

siliconinvestor.com

Jim