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To: GST who wrote (116025)1/23/2001 1:19:57 PM
From: Danny  Read Replies (1) | Respond to of 164684
 
GST, it's normal to take rest here as 2700 level should
be a heavy resistence for NASDAQ. Firmly establishing
the position above 2700 should signal the start of
a long term trend. So, I do expect some fight between
bears and bulls here.

As for retesting the lows, I am not so worried. I only
believe in two things:

1:) Market eventually will go higher.
2:) For me, as long as I can beat the market, I am happy.
Otherwise, why investing myself? I found it silly
when a guy (forgot his name) came up and said how
much deeply underwater one should be because NASDAQ
was at 2400.