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


To: Brandon who wrote (300)4/3/2001 6:14:34 PM
From: TraderAlan  Respond to of 336
 
Brnadon,

I'd agree with you if we had gotten from point A to point B for no reason. But the reason was a pretty good one, so I'm willing to give the future the benefit of the doubt <g>.

Alan



To: Brandon who wrote (300)4/22/2001 8:57:04 PM
From: Dan Duchardt  Read Replies (1) | Respond to of 336
 
Brandon,

Bo and I are looking at a quarterly chart of the Nasdaq. Looks scary. swingtrader.net;

Can't argue with that, but now that some time has passed, if you go back to

Message 15597552

replace "day" with "quarter", then update your Naz chart to capture the current quarter, it looks like a buy. Will be even more interesting on a monthly if it manages to clear the March high of 2029. BIG if. Of course there are still all those P/E issues, debt, etc, but just a 38% retracement toward the Y2K high here would be 2673, which could mean some long opportunities for a while

Wishful thinking??

Dan