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Strategies & Market Trends : The Market Beacons -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (609)3/29/2001 2:03:19 PM
From: JoeinIowa  Read Replies (1) | Respond to of 1298
 
Mags,

I'm starting to worry myself. I think I have cracked your chart codes. Straighten me out if I have the following wrong using your resistance charts.

I look at todays NAS 100 chart and if the Index closes under 1590 or 39.375(QQQ) then it is signaling a sell? The next numbers on the chart are magnets for where it is likely headed? I think I am close.

Joe

PS Went for the QQQ puts this morning. So I would like to see another 100 points down. LOL. A lot of analysts were talking about more warnings next Mon/Tues.