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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (61374)10/25/2000 2:36:14 AM
From: High-Tech East  Read Replies (2) | Respond to of 99985
 
... closing prices and closing after-hours prices for Tuesday, October 24 ... I believe that all of these stocks are considered vital to the internet roll-out ... this may be a very bloody Wednesday for the Nasdaq - we will see ...

Cisco Systems - closed @ 54.875 (minus 1.00), after hours closed @ 51.500 (minus another 3.375)

Nortel Networks - closed @ 63.312 (minus 3.625), after hours closed @ 48.875 (minus another 14.437)

Sycamore Networks - closed @ 82.280 (minus 6.780), after hours closed @ 75.125 (minus another 7.155)

Applied Materials - closed @ 49.437 (minus 4.000), after hours closed @ 48.875 (minus another .562)

Texas Instruments - closed @ 45.875 (minus 3.000), after hours closed @ 45.000 (minus another .875)

PMC Sierra - closed @ 198.875 (minus 11.635), after hours closed @ 188.000 (minus another 10.875)

Vitesse - closed @ 67.500 (minus 6.750), after hours closed @ 64.875 (minus another 2.625)

JDS Uniphase - closed @ 95.062 (minus 6.125), after hours closed @ 85.000 (minus another 10.062)

Broadcom - closed @ 239.000 (minus 12.750), after hours closed @ 234.000 (minus another 5.000)

Disclaimer: The above is my personal opinion. I recommend that you do not base your investment decisions solely on any
one person's views or analysis (including mine). Do your own research and take personal responsibility for your
investment decisions.

Ken Wilson



To: Les H who wrote (61374)10/25/2000 2:13:33 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 99985
 
Support line for the Nas?

In May, and 10/12, and again on 10/18, QQQ held at 75, and the Nas held just above 3000. Looks like we're going to retest those levels again. Since Mr. Market has finished going through the Nifty 50, one by one, and has now slaughtered all of them, what's left to bring the market down? I think we've found support.