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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Stcgg who wrote (123)	10/24/2000 2:55:52 AM
From: Erik T	Read Replies (1) \| Respond to of 74559

Stcgg, thanks for the links. I have just started looking at Elliot Wave theory, but it does seem interesting that the NASDAQ has so far been unable to break upward resistance of 3497, the Fibinocci 0.382 retracement level. I played some short-term trades "knowing" the expected rally was coming off 3,000. The fact the NASDAQ closed below this level (3497) on Friday caused me to sell all tech holdings Monday morning. Probably too early, but the risks just seem too big. Regards, Erik