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To: Kevin Shea who wrote (7072)11/22/2000 10:56:56 AM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
Compx showing diverges in the 60 min --- strong MACD; and concluding %R trend, good candle patterns--- I'd be thinking long here...

Kevin:

The NDX is heading towards the 2600 area...
bigcharts.com

We could see a bottoming range from 2600 down to 2300... That should be it... We may see it today or Friday in a final capitulation that leads very nicely into the Sunday Florida vote certification... Whatever the outcome, it has already been priced into the market... So, next week we should see the beginnings of a turnaround...

Jim