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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (7084)11/30/2000 11:20:56 AM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
Are We There Yet???
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The NDX looks like it's heading towards the 2300 area...
bigcharts.com

There has been a nearly 2 year price retracement... If 2300 doesn't hold, we could test the 2000 area...

New Lows are at or near extremes seen at bottoms...
finance.yahoo.com

One or two days of Nasdaq New Lows >1000 should imply final climax selling...

On the bright side, the mood is so gloomy that we are finally seeing capitulation by way of all those big name tech downgrades... The final straw should be the pre-announcements in the next 10 days... We could still have a Merry Xmas... : >

Jim