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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (28624)10/3/2000 3:44:11 PM
From: Clint E.  Read Replies (1) | Respond to of 67879
 
Hi Harry. I am leaving for Boston in a couple of hours so my mind is not really on the market.

I think today's Fed action reminds people of Oct 97 slowdown.

>>>Are your expectations that the COMPX does not reach a bottom till the titan break all the way down to remove all the excesses from the market? That would indicate a target of 3200?

I think when BRCD drops just below 200 and AMCC below ~170, we could see a good ~200 point recovery in the nasdaq. I don't know when that is.