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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (7970)2/21/2001 2:39:16 PM
From: James Strauss  Read Replies (3) | Respond to of 13094
 
Nasdaq 2250 Looks Like The Bottom???
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A look at this 6 month chart of the Nasdaq shows a strong anti-gravity field in the 2250 to 2300 area... On several occasions this area has acted like a trampoline...
bigcharts.com

A look at the 3 month chart shows this support area more clearly...
bigcharts.com

The moment of truth is coming soon... Will 2250 hold??? If not, the next solid support area is 1800... Let's root for 2250 to hold... Otherwise I'll back up the truck for QQQ's at Nasdaq 1800...

Jim