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To: Olu Emuleomo who wrote (118902)2/28/2001 6:29:55 PM
From: microhoogle!  Read Replies (1) | Respond to of 164684
 
Olu,
I am not a chartist. Looking at a decade long of Nasdaq charts, my gut tells me that 1700 Nasdaq is reasonable at this point of time. With economy in recession, I would say 1400.
But time will tell how strong my gut indicator is ;)

PS: I think it will be very tough to push Nasdaq below 2000. Now is my gut hypothesis in sync with that of your TA?



To: Olu Emuleomo who wrote (118902)2/28/2001 11:30:55 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
>> Notice how it remains stuck in a vicious downtrend!!

I notice. Until a week ago my accnt was up 60% for this year. Now it is 40%. The trend is very discouraging the past few days.


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