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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: TraderAlan who wrote (5539)12/11/2000 12:59:58 AM
From: J.T.  Respond to of 19219
 
TraderAlan, excellent E-wave analysis and nice work on your chart.

For simple person like me, where does this QQQ "between 70 and 80" stack up on the NDX?

I have said we are going to test this NDX 3,180-3,250 area before turning back down. My best case scenario after upward backing and filing is NDX 3,580 intraday or one close above and then back down.

But first things first: NDX 3,180-NDX 3,250 zone.

Now I'm gettin' a complex on this e-wave stuff... Gona have to pull out Elliot Wave Principle book and read it over again. <G>

Best Reagrds, J.T.



To: TraderAlan who wrote (5539)12/11/2000 1:01:26 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
TraderAlan, excellent E-wave analysis and nice work on your chart.

For simple person like me, where does this QQQ "between 70 and 80" stack up on the NDX?

I have said we are going to test this NDX 3,180-3,250 area before turning back down. My best case scenario after upward backing and filing is NDX 3,580 intraday or one close above and then back down.

But first things first: NDX 3,180-NDX 3,250 zone.

Now I'm gettin' a complex on this e-wave stuff - getting a few more people on this thread starting to do the wave thang ... Gona have to pull out Elliott Wave Principle book and read it over again. <G>

Best Regards, J.T.