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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Dealer who wrote (7896)10/13/2000 12:46:38 PM
From: Dealer  Read Replies (2) | Respond to of 65232
 
STOLEN STUFF:

October13th intraday call 10:40 est [long term outlook is the 2nd chart]

For charts use this link>

lotsofstocks.com

OK WE HAVE BROKEN THE 8 DAY DOWTREND GOOD CHANCE THIS IS BOTTOM!!!!!!!!!! we will pullback and retest that trendline at some point....but....it is looking VERY VERY good at this point.

Here is the new analysis on the Nasdaq 100 - my borker helped me formulate this analysis yesterday.

the last 5 trading sessions have been capitulation on a grander scale than just having it on a single day. As my friend Glen (west PAcific) mentioned to me today, the advance decline is 745/2009. I believe this to show capitulation on a greater scale than just a 300 pt tank on anny given day. My broker said the institutions are giving margin calls everyday, forcing customers to sell to them as they buy it up. As that horizontal line on the chart shows....we are holding May support!!! Now we are expecting a bounce up to that downtrend line drawn on the chart. that value is about 3500ish. so the call here is possible here at NDX 3050....and expecting a near 400 pt bounce. once that accurs then we can re-evaluate again.

have a good day!!

ciV