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To: AllansAlias who wrote (5019)6/14/2001 1:45:18 PM
From: Nancy  Read Replies (1) | Respond to of 209892
 
care to explain the implication of the "but this down is too slow to give me much confidence it has anything left. The anyss is below us and they never let that happen"

tkx.



To: AllansAlias who wrote (5019)6/14/2001 1:45:42 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
I notice that NDX is well past the 38% retrace and is just above the 50%. Well, what do ya know -- we've retrace 50% of the fastest rally in the history of American markets. Took us long enough. -g

NDX 50% plus gap support is at 1710 +/-.



To: AllansAlias who wrote (5019)6/14/2001 1:47:53 PM
From: UnBelievable  Read Replies (1) | Respond to of 209892
 
I'm Short From 1235.5 And Until A Few Minutes Ago I Was Not So Happy About It.

I'm watching it though because it could reverse any time.

But I relied on them to jam the futures into the close last nite and was disappointed.

From a traditional TA standpoint it is very ugly.

In another world a break down like this would just drain.