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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (32619)2/23/2002 11:13:36 AM
From: sylvester80  Read Replies (5) | Respond to of 99280
 
Another interesting possibility is the following:

Plot a 1 year NDX day chart. Now draw a trend line from the NDX low of April 2001 to the high of Dec 2001. Copy that trend line and move it down to the NDX low of Sep 2001. It intersects perfectly the low we put Friday. If this uptrend channel is for real, then we should not close below it. Interesting...

FWIW.