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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (39185)	7/18/2001 2:16:33 PM
From: stockman_scott	Respond to of 65232

13:51 ET Nasdaq Composite : -- Technical -- On an intraday basis, the Nasdaq has managed to hold support in the 2016/2020 area four times. Market internals are decidedly bearish while the intraday indicators suggest the index could manage to hold/push higher. Watch for whether the index can edge over the 2035 level -- this represents today's open and approximates the mid-point of its intraday range. A push over 2035 may lead to follow through towards the close. To the downside, the parameters remain first support at 2016 with follow up support in the area of 2000.