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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: pressboxjr who wrote (5817)	2/24/2001 12:54:34 AM
From: Michael Watkins	Read Replies (1) \| Respond to of 8925

Jr, It would be terrific if you could mark up a chart or provide some coordinates to draw lines, as I'm having a hard time seeing what you are seeing. In 1998 the tech market moved for 12 weeks from the high before the low; its been 48 weeks on the NDX since the highs for this 'retracement'. The NDX has been moving down for 25 weeks without putting in a higher swing high and swing low on the weekly charts. Pretty amazing. Pretty amazing that people are still trying to buy a bottom.