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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (13091)	4/3/2002 12:28:37 PM
From: Warpfactor	Read Replies (2) \| Respond to of 23153

Hi Dabum, How about a NASDAQ update!!?? I recall a few weeks ago you felt that 1780 would provide downside resistance?? If the NASDAQ is going to reverse, I would expect it to be very soon - later today or tomorrow. $TRIN cruising over 2.0 this morning, after a high 1.7 close yesterday. In a true bear market, I would not find this unusual, but in todays market of rebounding economic conditions, I'd expect a short term bottom with those numbers. Looking at my stronger techs, MRVL and KLAC, we're in the area that reversal has occurred in the recent past: The 21-DMA is usually a stopper for KLAC. We're there now. The times it breaks through, the 50DMA catches the fall: stockcharts.com[w,a]dhcayiay[dc][pb50!b200!b21!i10!f][vc60][iut!Ub28!Lw14!Lc20!Lc5!Lh14,3!Lf20]&pref=G MRVL also at the first line of defense right now. It seems to find support at either the 21-DMA or 50-DMA, whichever is higher at the moment. The 200-DMA is the last line of support. stockcharts.com[w,a]dhcayiay[dc][pb50!b200!b21!b10!f][vc60][iut!Ub28!Lw14!Lc20!Lc5!Lh14,3!Lf20]&pref=G Warp