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To: mishedlo who wrote (65223)2/3/2003 8:05:26 PM
From: ajtj99  Respond to of 209892
 
Mish, I'm on the same page with you there with a near term low in the end of February in the low 900 NDX or high 800 range. We'll have to see how things look then. If the weekly is quite oversold and max pain is above, we'll have to bounce a bit to relieve some of the oversold situation and take care of pain.



To: mishedlo who wrote (65223)2/3/2003 8:09:19 PM
From: ajtj99  Respond to of 209892
 
BTW, the monthly falling resistance line off the NDX Dec. highs is at around 1040 this month. It would be nice to tag that for expiration and then drop into the end of the month.

stockcharts.com[h,a]maclyyay[de][pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G

I didn't draw the line, so you'll have to take a piece of paper and eyeball it yourself <G>.