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To: GROUND ZERO™ who wrote (32710)9/5/2000 1:42:18 PM
From: James Strauss  Read Replies (1) | Respond to of 50167
 
The NAZ looks strong, but I'm always leary of a pull back... so there's no safe place to get long in the futures except to jump right in and that's a bit risky.....<g>

GZ:

Agreed...

There will always be pullbacks in the context of an up move...

The 3 month NAZ chart shows Good upper trendline support in the 4140 area, and bottom trendline support in the 3840 area... In the middle of that we have the 13 day MA (Magenta) above the 20 day MA (Cyan)...
files.driveway.com

New Highs continue to dominate New Lows...
finance.yahoo.com

These are things you generally see in an uptrend...

Jim



To: GROUND ZERO™ who wrote (32710)9/5/2000 1:43:14 PM
From: James Strauss  Read Replies (2) | Respond to of 50167
 
The NAZ looks strong, but I'm always leary of a pull back... so there's no safe place to get long in the futures except to jump right in and that's a bit risky.....<g>

GZ:

Agreed...

There will always be pullbacks in the context of an up move...

The 3 month NAZ chart shows Good upper trendline support in the 4140 area, and bottom trendline support in the 3840 area... In the middle of that we have the 13 day MA (Magenta) above the 20 day MA (Cyan)...
files.driveway.com

New Highs continue to dominate New Lows...
finance.yahoo.com

These are things you generally see in an uptrend...

Jim