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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (12914)2/5/2002 11:59:13 AM
From: Oral Roberts  Respond to of 23786
 
Nice chart. Makes a rather good case for a bounce from here on both your channel and indicator's. I will have to ponder this. Check you pm's by the way.



To: Jorj X Mckie who wrote (12914)2/5/2002 12:00:28 PM
From: Lost1  Read Replies (1) | Respond to of 23786
 
Hmmm, nice look JORJ....think waiting for 50 pts more downside could be detrimental to profits



To: Jorj X Mckie who wrote (12914)2/5/2002 12:14:30 PM
From: jcky  Read Replies (1) | Respond to of 23786
 
Nice chart Jorj,

I wouldn't be surprised at all if this market is now ready for a short term bounce back up. It's overdue. But once we past options expiry next week, I believe we continue with our next leg down.

Sooner or later, the Nasdaq will fill that gap at 1620-1640 set in October, IMHO.