Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (3304)	3/18/2001 10:54:17 AM
From: timers	Read Replies (2) \| Respond to of 52237

why is the blue neckline in 1968 not drawn on the bottom of the decline but in the present chart it is? also how long of a rally from this pt do you interpret the 1970 chart to be from this pt if we mirror exactly?

To: donald sew who wrote (3304)	3/18/2001 1:54:38 PM
From: Michael Watkins	Respond to of 52237

Donald, or can the various indices progress through the 3-PHASES at different times. In no way am I saying that the NAZ/NDX cant go lower, since I have the lowest target at 1063 on the NDX. Im just wondering that if the SPX and DOW continued down hard, if the NAZ/NDX will either follow downwards or less possibly benefit from some sort of reduced sector rotation where they may not go down as much or even go up some. I have the same questions running through my head Don, and I think its all guess work at this point. I have a hard time imagining the Nas not falling farther if the SPX/NYA non tech joins in the decline in an increasingly significant way. But I think your thoughts on the decline being slower and perhaps reversing sooner than the rest of the market - seems likely. I guess it largely depends on how much money is still in tech vs the rest. Best regards, Michael