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To: scotty who wrote (74604)3/2/2001 1:24:46 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
while i agree the 9th has potential, i think THE cycle low will be on the 14th.

besides, this very same wording (strong rally in the Nasdaq, yada yada) has been a feature of Favors' reports for MONTHS now. since he reports daily, i assume he repeats it every day.

that said, the NAZ HAS hit STRONG support...the '90 trendline, as well as the fibo 61,8% retracement of the entire NDX bull. but since now EVERYBODY is jumping on that bandwagon, i'm looking for the less obvious analysis to come true...i see even many bears throwing the towel due to these facts. and yet...i think it's possible for the NDX to fall a lot further...