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To: Perspective who wrote (2873)5/18/2001 10:47:56 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Bobcor,

Yea, COMPX (not NDX) is over the Sept line a tad. We need a positive close, and a decent one at that to say the line has been broken on the weekly.

NDX is a ways from it still in either timeframe.



To: Perspective who wrote (2873)5/20/2001 9:51:04 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
To measure the push in the NASDAQ one needs to watch the INuts. They lead the rally in January and they are leading this one as well. I am speaking here in terms of relative performance off the bottom vis a vis the NASDAQ Composite. I also think the INuts Elliott-count quite well.

The $DOT broke out of a falling wedge on Wednesday -- quite bullish. If the bulls push these empty dreams to new highs, I think it'll lead the more serious trash behind it.

The $DOT is flirting now with the September DT line. No breakout yet.