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To: Wizard who wrote (2270)	3/1/2001 6:45:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 2402

wizard, tell Patsy, we need you, her, and John O'Reilley, at the Tatrader gizzard thread...good TA, great people, and picks that are from the subterranean depths of below 12.00 a share....Yes, I am a headhunter, and cannot offer you options or a new car, but the satisfaction of joining a group of winners.....Note the Gizzards placed in the top 10 of this one month contest..See results Friday.... regards, mark

To: Wizard who wrote (2270)	3/1/2001 7:33:05 PM
From: Patsy Collins	Respond to of 2402

Wizard, All time high on NDX was 4816.35 (3/24/00). .382 retracement takes us to 1839.85. Low today was 1837.98. As I was trading today, this level was tested 3 times. This means to me that we'll re-test it again for sure. We made 2 peaks (bear rallies) during the fall from 4817. 4147.19 (9/1/00) and 2771.63 (1/24/01). To figure the next major support after 1839.85. Take the .618 retracement from the (1/24/01) peak gives us 1712.87 and the .382 retracement of the (9/1/00) peak gives us 1584.23. The 1580 and 1840 levels are now very popular in the pits and every trader knows about them. The 1713 is less known, but it's not a major support level. For resistance from here; [the 1900's], take the .500 retracement of the (9/1/00) peak gives us 2073.60. N.B. The .382 is sometimes refer to as the absolute retracement ratio for major stocks and indexes. Historically, it works well for indexes and large cap stocks. Try it out! Sorry, I do not trade the SOX. But if you let me know the recent peaks and valleys, I'll calculate supports for you.