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

To: donald sew who wrote (30508)	9/21/2000 12:50:44 PM
From: James Strauss	Respond to of 42787

The MAIN trendline on the NDX from the OCT 1998 LOWs has 2 possible junction points depending on how one draws the trendline. The 2 possible junction points are around 3500 and 3250. Close enough to your 3490. Don: A look at the 2 year NDX chart also shows a countertrend moving upward from the July lows... Rising bottoms and tops imply that when the bottom is reached below 3500, we should see a continuation of the interim term uptrend... bigcharts.com An eventual close above 4150/4200 breaks the downtrend, and sets up a test of NDX 4800... Jim