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To: Jeff who wrote (15579)	12/20/2000 7:04:51 PM
From: Jeff	Respond to of 19297

also will mention this....... the old low at 2523......is now upper resistance.....so you can throw 3000 out the window for now......thats the new target......if we don't break that.....we ain't going anywhere......so the new trading range will be from 2523 to the new low we make.....and if we break 2523 real hard......its a signal to hold for next resistance to 3000..... same with stocks.......the ones that made news lows.....well that old low is now upper resistance.....and they won't run till it breaks that area.....like CSCO......it now has to break 45 or it won't get anywhere......it breaks 45.....go long...... and just remember from the last run......stocks like NUFO..AVCI......use them as an example......they both ran to 42 or so......thats likely there new highs for sometime to come now.......if they test it and fail......and alot of stocks might do this again soon.....you will see many double top formations to short from......because whatever our new low will be.......we will retest it again in a few months.....and those double tops are gonna be easy to short from...... so all the action these last few weeks have created a whole new set of technicals to trade from in the coming months ahead......mark your bottoms and tops on your favorite traders......and remember the important numbers on the nasdaq......