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To: CharlieChina who wrote (2405)10/28/2000 11:09:23 AM
From: CharlieChina  Respond to of 8925
 
Supplement to the last post: ... one can make a case for more complex Substitution ABC Patterns ... which would take the market even lower quickly ... In addition, If the NASDAQ can trade above 3400 all bets are off ... However, as stated earlier in a previous post ... BIG Money is not happy, they want equities at much much lower prices to justify the risk of holding positions ... Also, oooo baby that NASDAQ Weekly chart looks uglier each week and only real POWER will change the current downward direction ...



To: CharlieChina who wrote (2405)10/28/2000 1:58:11 PM
From: Teresa Lo  Read Replies (1) | Respond to of 8925
 
Yes, if we are to look at all possibilities, we can't forget that this may be some sort of H&S top that is forming intraday on the Nasdaq futures...
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Teresa