Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (724)	10/18/2000 12:29:01 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 8925

Hi Jerry, The "M" pattern has been completed on the Nasdaq chart. There's serious support here at 3025-50. However..., there's another dominant median line at 2900± that could attacked the market. But todays double bottom in the 3025-50 area suggests there's every opportunity here for a base. No matter how short lived...! I'd like to see a base here and stop the carnage, there's no reason for a crash and the big boys have their lower prices. Why do more damage....! BTW..., I closed that es00z short from 1389.50 at 1340 and reversed to a long.... Target for the Nas 3521.14 and there take a look. Chip