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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (12053)	8/18/2000 9:49:49 AM
From: AllansAlias	Read Replies (1) \| Respond to of 436258

I am now short. Let me explain why. We are nearing scary territory. The big line on the NASDAQ charts, COMPX or NDX, goes from the March high through the July seconday. To break this line would be a stunning vitory for the bulls and would have many questioning their bearish bias. Why did I short this level on such a rosy day? The NDX just bounced down off this line on my non-log chart. I figure it has got to take more than one attempt to get over this critical line. I will probably cover if we get all the way back to theopen. Looking for beer trades again today.