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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (38775)	3/13/2001 11:17:11 AM
From: ivan solotaroff	Read Replies (1) \| Respond to of 79479

HOWT Doug, Just in case you need to refresh the memory of buying an equity from the long side, there's stealth buying on HOWT as we speak. host.wallstreetcity.com Not for me, as they're having a press conference tomorrow or something and I never do anything in front of news, but I know how little that counts with a TA monster such as thou. Ivan

To: Doug R who wrote (38775)	3/13/2001 1:09:50 PM
From: Danfan	Read Replies (1) \| Respond to of 79479

Doug: Just a point of clarification. While the trendlines of the NDX clearly line up on 4/6/01 (plus or minus a day), and at roughly between 1615 and 1640, in the past they have rarely coincided. What HAS seemed to work (at least for the last three times I've done this....Dec7, Jan9 and Feb12, which was not more than a 1-2 day bounce) the date is more important in terms of timing a bounce, while the price while accurate in terms of the depth, can be hit much earlier. The conclusion here is that something will be happening on or about 4.6.01 which can cause a nice rebound, however the height of the rebound is always subject to question. Also, the better the trendline crosses, and the more convergences there are with construction lines, the better the rebound....and these lines are excellent. The other conclusion is that until then, any bounce from here will be limited on the upside...usually by a downtrend line, the 50dEMA and a Fib retracement ....at the moment, that is limited to about 2200+. We'll see. Danfan.