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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: John Madarasz who wrote (52239)	9/2/2002 11:20:45 PM
From: skinowski	Respond to of 209892

A few comments on Onischka’s NDX – primarily, his 30min chart. 216.239.39.120 If NDX moves up in the morning, it is likely to top out in the 985 – 995 area, followed by a decline towards 900. From there, the excitement may begin… a Wave ‘C’ upwards to ~1100, over the following couple of weeks. If the market moves down from early on, it is likely to find support a little over 900 (completing a 1 or A down). After a ‘correction’ up to 960 – 970, expect a decline to 850 – 815, the next support. He also did an update on the DOW, where the preferred scenario near term is down, either in the context of another zigzag, or an unfolding impulse. Near term R is 8835. 216.239.39.120