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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Clappy who wrote (583)	9/12/2000 9:41:19 AM
From: Clappy	Read Replies (2) \| Respond to of 65232

I've been looking at a few charts this morning. There doesn't look like there's much to propel the Naz very high today. It's over sold but not extremly oversold. MACD has just crossed over to the downside. The $SOX Chip sector's stochastics are begging to start moving up. Not sitting on much support. Could use a bounce today... The $BTK Biotech sector looks ill. They could be sitting at the low end of their trading range. The $NDX Naz 100 is approaching oversold levels. MADC only recently crossed over, though. Possibly sitting at the low point of their trading range. If I had to guess, I'd say that the Naz starts applying the brakes on it's down hill ride. It could possibly dip to 3850ish but I don't think it will stay there. Perhaps we bounce a round a little. I'm hoping the QCOM news help provide some lift off. -JrJackassClappy