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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (21227)10/9/2000 12:19:42 AM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Ray,

Jeez, thank you for the kudos...means alot coming from you. I've followed your charting and trading since 1997...quitely of course.

As to the NAZD: 207.61.23.98

Note that the 10 day STOCH's are turned up. If you change that period to the 50 it is turning also. However, now 4000 is the 200dMA and will be the sell off spot for those looking to get out even, unless of course there is some major factor to change it, like the Fed changing its bias. So, new lower trading range for the NASD until the end of the year is my guess. Looking for the bottom of the trading range to be 3200 with top near 4000.

Ken