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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (38649)12/20/2000 2:54:11 PM
From: JRI  Read Replies (2) | Respond to of 42787
 
It would be great to get some sort of intermediate capitulation tomorrow....Naz down 7 days in a row (longest streak since Sept. 1st- bear leg began) and 650 pts (biggest pt. decline in sequential days)...fear indices getting up there...a big leg down tomorrow should get us in panic/near panic on Naz ticks, VIX, and put/call..

Let's go ahead and crack Dow 10k and get to Naz 2k while we're at it.....if so, that gets us back to the old 5-to-1 Dow/Naz relationship, and we hit good support at 2K on Naz(or am I thinking NDX here?)