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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: PMG who wrote (35392)11/24/2000 11:54:34 AM
From: James Strauss  Read Replies (1) | Respond to of 50167
 
PMG:

I don't see the NDX retracing 62% to the 1830 area... The lowest point in 1999 was a double bottom early in the year in the 1865 area... That would be a 61% retracement... It's more likely that we have seen the bottom in the 2600 area... Only further legal action by the both presidential camps could send the NDX further down the slide to the 2300 to 2400 area... That's my worst case scenario...

Jim