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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (33472)9/22/2000 9:54:08 AM
From: Peace  Read Replies (2) | Respond to of 50167
 
If we stay above 3600 on the NDX that will really hurt the shorts. <g>



To: IQBAL LATIF who wrote (33472)9/22/2000 10:37:06 AM
From: Logain Ablar  Read Replies (1) | Respond to of 50167
 
Hi Ike, GZ, OJ & Thread:

Well many cross currents here. The panic last night (hey there is a new drug in FDA trials to control panic, bet it will be a big hit in the NYSE floor) and the semi recovery this morning. Nice post Ike last nignt on not to panic.

However don't they say the smart money trades the the last hour of the day. I think this is where we'll see the direction.

With the technical damage I wonder how much of a bounce we'll have before we turn again (and I don't mean today but in the next couple of weeks leading into the election).

Good trading all.

Tim



To: IQBAL LATIF who wrote (33472)9/22/2000 10:39:16 AM
From: James Strauss  Read Replies (1) | Respond to of 50167
 
NDX Comes Within 15 Points Of 3490 Bottom Test...
***************************************************
Was this the bottom?
bigcharts.com

Look at these New Lows... finance.yahoo.com

They completely swamp the New Highs on both the NYSE and Nasdaq... This is what we see at panic bottoms...

We must be close to a bottom...

Jim