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To: jimcav who wrote (29164)10/17/2000 10:26:51 PM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
Yea, I usually give Asia the big yawn, but sub-15,000 is notable. This is an important technical milestone. The shelf at 15,400 or so is toast now and we are at a level not seen since March of 1999. In all of the Nikkei meanderings since 1990 it has spent very little time below 15,000.

edit: If it gets really ugly we can look for a test of 14,600. I think they shut that thing down now at the slightest chance of a LLCF.



To: jimcav who wrote (29164)10/17/2000 10:59:24 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<Nikkei sub 15000...wasn't it just fighting around 16000 just 2 weeks or so ago? >

Wowa... If I remember correctly 16K was a huge chart point, this is ugly... I remember when it was 40K bubble believers said it was worth 10K.... could be.

DAK