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To: Boplicity who wrote (11512)3/14/2001 2:18:49 AM
From: DOUG H  Respond to of 13572
 
I swiped this off Reid's thread. I'm with him. We are at 1998 support now. I'm thinking we see a little strenght going into the Fed meeting on the 20th. Good time to exit and reasess till after the April 15th shenanagins.
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My short take of the naz is it will be a months before it finds its legs again. A long term position for me now is about 2 or 3 days. Im only buying quality stocks off support levels and selling into rallies.

The naz fell below 3 year tested support near the 2000 level which is not good. 1980 is upper resistance for now.

askresearch.com.

Daily momentum is nonexistent.

askresearch.com.

The big picture;

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