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Strategies & Market Trends : Ultra OTC Fund - UOPIX -- Ignore unavailable to you. Want to Upgrade?


To: bob wallace who wrote (996)12/18/2000 8:31:49 PM
From: bob wallace  Read Replies (2) | Respond to of 2063
 
reading around, I am beginning to be convinced that the NDX
recovery is not going to be as easy as a Fed ease (be it tomorrow or Jan)

as you may have noted, I changed my scale from 5% to 4%
over the last month. I am now plainning to change my scale to 3% should the NDX reach 1919; looking at long term charts, I am becoming increasingly convinced that we are headed for 1500 to 1000 as a bottom for the NDX

I surely hope this is wrong, and that a month from now everyone looks at this post and marvels that some idiot would have posted it in the first place

Bob