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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: adcpres who wrote (35985)11/20/2000 3:46:39 PM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
GH, yes, 2850 COMPX marks the lower trendline of the massive blow-off top:

Message 14848448



To: adcpres who wrote (35985)11/20/2000 4:04:41 PM
From: donald sew  Respond to of 42787
 
adcpres,

>>>> Was not NDX 2850 a critical level? <<<<

The previous trough was around 2850(closing basis), and the NDX just closed at 2792 producing a LOWER LOW on a closing basis, but not yet on a intraday basis, since the previous intraday low was around 2750.

Its fair to say, that it aint good.