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

To: LTK007 who wrote (44773)7/10/2001 10:27:09 PM
From: ajtj99  Read Replies (1) | Respond to of 56535
 
Max, the NDX looks a bit more oversold than the COMPX:

stockcharts.com[h,a]daclyymy[dd][pc20!c50!c200!d20,2][vc60][iUi14,3!La12,26,9!Lh14,3!Lo14]

That's the daily.

At the lower end of the Bollinger band again, there may not be that much downside before a bounce. Maybe 1616 or 1590. Since the NDX usually leads the way on these swings, if the NDX bounces, I believe the COMPX will also.

I'll be going call side most likely tomorrow, hopefully from the bottom for a bounce to possibly 2030 (maybe a .382 re-trace from 2181) at at least 2000 (a .618 re-trace from today's high).



To: LTK007 who wrote (44773)7/10/2001 11:17:42 PM
From: HandsOn  Respond to of 56535
 
Only been trading full time for a little over 3 years but have been a contrarian vs the herd. Results that pay the bills for my family and more keep me in this tough game because I have been making more then as a Physical Therapist director at approx. 85k per year.


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