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

To: Paul Shread who wrote (30537)9/21/2000 2:26:31 PM
From: Paul Shread  Respond to of 42787
 
Nasdaq back below May trendline.



To: Paul Shread who wrote (30537)9/21/2000 2:29:15 PM
From: Galirayo  Read Replies (1) | Respond to of 42787
 
[ 3851.60 ] Paul ..

Since the COMPX May Trendline is an Upward line it sits today at 3851.60 by my best guess. We need to hold the 100dma near 3840 ... for sure. But it's not unusual to see it bounce up and below the 100 as it finds it's Footing.

Still holding my breath ... turning blue.

Ray



To: Paul Shread who wrote (30537)9/22/2000 9:52:23 AM
From: James Strauss  Respond to of 42787
 
Paul:

Today's Smash brings the NDX within 60 points of the 3490 projected bottom...

Jim



To: Paul Shread who wrote (30537)9/22/2000 10:22:29 AM
From: donald sew  Read Replies (1) | Respond to of 42787
 
Paul,

With the NDX around 3600, my short-term technicals are only in the MID-RANGE, which implies that there is still significant downside. I may be wrong but per my system, today is NOT the day to buy the dip.

Although the VIX has jumped about 3 points its still only around 26.5. Thats not a whole lot of complacency, more than yesterday, but not near an extreme.

The NDX got as low as 3505 and bounced off the the MAIN TRENDLINE from OCT 1998.


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