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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Peace who wrote (29426)9/11/2000 10:29:56 AM
From: James Strauss  Respond to of 42787
 
On the other hand, if we decisively go below the 3750 area and/or we fail to mount a rally this week, then we will be looking at much lower targets. However, I am optimistic that we are very close to a bottom and the ensuing rally should take us much higher.

Good analysis Peace...

I also agree that the primary trend is up... 3750 is a good support level on the NDX with 3600 as an ultimate bottom if 3750 doesn't hold...

Right now it looks like the NDX wants to struggle back to my mini 3840 support level... As I said earlier, anything above 3600 would be a plus and further establish the rising support bottoms we've seen...

Jim