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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (23091)8/6/2001 1:32:59 PM
From: ajtj99  Read Replies (1) | Respond to of 30051
 
Nasdaq acting quite weak here. Without a catalyst, I think we need to get to the 2026-2030 level for a bounce. I believe a drop to those levels could possibly yield a small bounce to 2040 or so.

The 15-minute and 60-minute charts seem to indicate things are ripe for a small bounce (maybe 10-15 points?) sometime this afternoon.