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To: Paul Shread who wrote (28753)8/30/2000 2:46:24 PM
From: donald sew  Read Replies (2) | Respond to of 42787
 
Paul,

The LOWER TRENDLINE of the NDX is inclining at the approximate rate of 25 points per day, so if the NDX is FLAT for the next 2 days it will then be testing that trendline, which falls in line with your 2-3 days.

Im not closing my NDZ shorts, although I have to admit that I am on the fence. As for the DOW and SPX things are moving in line with their CLASS SELL signals.



To: Paul Shread who wrote (28753)8/30/2000 2:53:21 PM
From: pooh101  Read Replies (1) | Respond to of 42787
 
paul....

i thought the naz wedge was well past the apex? i'm rooting for it to tank personally. but you think it's only 2/3 into the wedge?

TIA

pooh



To: Paul Shread who wrote (28753)8/30/2000 3:21:14 PM
From: theniteowl  Read Replies (3) | Respond to of 42787
 
Paul or Don, would you tell me what dates you are using for the upper line of your wedge on the NAZ? I have 8/9, 8/25 and 8/28, thanks.