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To: sandeep who wrote (3480)	2/15/2001 11:23:12 AM
From: Peace	Read Replies (1) \| Respond to of 4583

It doesnt look like a joke any more. <g> The SPX & NDX both tested the downtrend line from the Sep high. Remember both these indices broke out of this downtrend last month and a succesful test of this breakout as it appears so far is very bullish. Now we need to hold these gains here. As long as yesterday's lows hold we should continue to work higher. Recapturing SPX 1340 and NDX 2500 area will be a good sign although the real confirmation will come when the exceed the recent highs. BWDIK.