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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (13298)	3/1/2002 4:21:10 PM
From: Susan G	Read Replies (2) \| Respond to of 26752

NDX 1500 is the breakout. This was an oversold bounce back, to overhead resistance in a heavily shorted market <g> A wicked short squeeze that brought in retail buyers who happened to turn on cnbc and fall for Maria's excitement. The one's afraid to miss the train. Time will tell, but everytime the bulls have been sucked in long since Jan 1, they've been killed within days. Jeff, have you looked at the COMP or NDX chart lately? Even after today, it's still in a downtrend... So this really has to prove itself with more than another one day wonder here!