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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (43324)5/21/2001 1:05:21 PM
From: Nicole Bourgault  Read Replies (1) | Respond to of 56535
 
I wait to see whether the opening which Nas tries to make on its strong resistance 2250 will be maintained at the end of the day. If it is the case I will take my loss immediately tomorrow morning.

Thanks, Nicole



To: ajtj99 who wrote (43324)5/21/2001 3:30:31 PM
From: LTK007  Read Replies (1) | Respond to of 56535
 
nicole and aj,i just got on-line--my calculations for QQQ are it has a decent potential for 55 before coming down.We were in a classic break-out on the open today.
NDX100 potential i place at 2212,NASD(COMPX) at 2425 and QQQ55.12--i am using the closing prices on 2/16.
Nothing can stop market now except a very bad GDP revision on Friday(worse 0.5% reduction).
Greenspan 'magic" now being believed,everybody rushing to buy believing economy will be strong and booming again next year.
Market is all about gambling,and the Bulls control the table,at this moment.max



To: ajtj99 who wrote (43324)5/21/2001 3:50:11 PM
From: LTK007  Read Replies (1) | Respond to of 56535
 
based on daily and 60-minute period NDX100 is NOT yet overbought.max



To: ajtj99 who wrote (43324)5/21/2001 3:53:23 PM
From: LTK007  Respond to of 56535
 
based on 30-minute period,COMPX is in a major boiling over,it is so hot.max