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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lee who wrote (12691)6/11/2002 7:54:24 PM
From: nsumir81  Read Replies (1) | Respond to of 19219
 
Had not checked the NDX until a few mins back...

I posted elsewhere that the NDX 100 at EOD close is almost at the NDX intraday low in Sep. (12 pts away).

I still maintain what I said some months back that 1-2 week big selloffs based on extraneous events would not bring the lows for this downtrend.

This downtrend is about something else imo as it has tried to give all kinds of reasons like election confusion, September's ghastly events, "isolated" cases like ENE etc.

In the meantime, I feel that we may be at the point of a rally into options expiration.



To: Steve Lee who wrote (12691)6/11/2002 8:20:45 PM
From: Mongo2116  Respond to of 19219
 
<<Secondly, now that the Nasdaq 100 has closed at the 4 yr low of 1100.97 are you still forecasting the "mother of all bull markets is dead ahead"? >> Big Cheif smokem "crack" in peace pipe these days. Smokem that chit make you see many many bulls.......maybe cheif see buffalo, but confuse with bull.



To: Steve Lee who wrote (12691)6/11/2002 9:49:25 PM
From: da_cheif™  Respond to of 19219
 
steve lee.....itll be bigger than even i expect...btw...this just in from the NY times lmazoff...gee now at 750 on thedow itwas event bigger then i expected then too...lomazof
nytimes.com