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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Don Pueblo who wrote (56292)	10/12/2000 7:58:14 PM
From: Lost1	Respond to of 63513

NASD and DJIA P&F charts.. the NASD chart is right at support, which is a DB at 3100 and the bsl at 3000. This is using the 100 box chart if this doesn't hold the next stop is 2500..then 1400...neither of those look to me like they will provide much security 5400 5400 5300 5300 5200 5200 5100 X 5100 5000-------------------------X O ----X --------------------------------------5000- 4900 X O X O 4900 4800 X O X X O 4800 4700 3 O X O X O 4700 4600 X O X O X O 4600 4500-------------------------X O --O --O -------------------------------- Top4500- 4400 X O X 4400 4300 \| \| \| \| X X 4 X O 4300 4200 \| \| \| \| X O X O X O X X 4200 4100 \| \| \| 1 X O 2 O X O 7 O X O 4100 4000-------+-+---+---X O X O X --------O X O ------------X O X O ------------4000- 3900 \| \| \| X O X O X O X O 5 X O X 9 3900 3800 \| \| \| X O O O X O X X O X O X O Med3800 3700 \| \| \| X O O X O X O X X O X O 3700 3600 \| \| \| X O X O X O X O 6 8 A 3600 3500-------+-+---+---C --------------------O X O X O X O X ----O ------------3500- 3400 \| \| \| X O X O O O X O 3400 3300 \| \| \| X O O X O 3300 3200 \| \| \| X O X O Bot3200 3100 \| \| \| X O O 3100 3000-------+-+---+---B ----------------------------------------* ------------3000- 2900 \| \| \| A * 2900 2800 \| \| X X * 2800 2700 \| \| 7 O X * 2700 2600 \| \| 4 O X * 2600 2500-------+-+---X 8 +-------------------------------* ----------------------2500- 2400 \| \| X \| * 2400 2300 \| \| 1 \| * 2300 2200 \| \| X \| * 2200 2100 \| \| C \| * 2100 2000-------+-7 --X --+---------------------* --------------------------------2000- 1900 \| 4 O X \| * 1900 1800 \| 3 O B \| * 1800 1700 \| 9 8 X \| * 1700 1600 \| 8 O X \| * 1600 1500-------+-7 O X --+-----------* ------------------------------------------1500- 1400 \| 1 A \| \| * 1400 1300 \| C \| \| * 1300 1200 \| 5 \| \| * 1200 1100 \| 2 \| \| * 1100 the DJIA P&F chart, using the 200 box size shows support at 9800, then at 7600..Once again if the 9800 level doesn't hold there isn't much in the way of real support until the BSL..6000 YIKES!! I'm wishing that my INTC purchase today will just be a bad dream, similar to the Bobby Ewing sequence, and I will awaken to a cash position<g> 12200 \| \| \| \| \| \| \| \| 12200 12000 ----+---+-+-+-+-------+-------+-------+----------------------------12000 11800 \| \| \| \| \| \| \| \| 11800 11600 \| \| \| \| \| \| \| 1 Top11600 11400 \| \| \| \| \| \| \| X O 4 9 11400 11200 \| \| \| \| \| \| 7 X C O X O X O 11200 11000 ----+---+-+-+-+-------+-------5 O X O X O X O X --8 O -------------11000 10800 \| \| \| \| \| \| X O X O B O X O X O X O Med10800 10600 \| \| \| \| \| \| X 8 9 X 2 X O X O X O 10600 10400 \| \| \| \| \| \| X O X O X O 5 A 10400 10200 \| \| \| \| \| \| 4 O X O X O 10200 10000 ----+---\| \| \| \| ------+-------X ----A \| O X ------------------- Bot10000 9800 \| \| \| \| \| \| 3 \| 3 9800 9600 \| \| \| \| \| \| X \| 9600 9400 \| \| \| \| \| \| 1 \| 9400 9200 \| \| \| \| \| X 7 X \| 9200 9000------+---\| \| \| \| ------4 O X O X ------\| ---------------------------9000-- 8800 \| \| \| \| \| X O X O B \| 8800 8600 \| \| \| \| \| 3 6 8 X \| 8600 8400 \| \| \| \| \| X O X \| 8400 8200 \| \| \| \| \| X 2 O A \| 8200 8000------+---\| \| \| \| --7 O C ----O X ------\| ---------------------------8000-- 7800 \| \| \| \| \| X O B O X \| 7800 7600 \| \| \| \| \| X 9 X O \| \| 7600 7400 \| \| \| \| \| 6 A X \| \| 7400 7200 \| \| \| \| \| 5 O X \| \| 7200 7000------+---\| \| \| 2 --X O \| ------+-------\| ---------------------------7000-- 6800 \| \| \| \| X O X \| \| \| 6800 6600 \| \| \| \| 1 O X \| \| \| 6600 6400 \| \| \| \| X 4 \| \| \| 6400 6200 \| \| \| \| B \| \| \| 6200 6000------+---\| \| \| A ------+-------+-------\| ---------------------------6000-- 5800 \| \| \| \| 9 \| \| \| * 5800 5600 \| \| \| \| 2 \| \| \| * 5600 5400 \| \| \| \| 1 \| \| \| * 5400 5200 \| \| \| \| C \| \| \| * 5200 5000------+---\| \| \| B ------+-------+-------\| ----* ---------------------5000-- 4800 \| \| \| \| 9 \| \| \| * 4800 4600 \| \| \| \| 7 \| \| \| * 4600 4400 8 \| 8 8 9 9 9 9 9 \| 9 9 \| 9 9 * 0 4400 4200 6 \| 8 9 0 6 1 7 7 \| 8 8 \| 9 9 \| 0 4200