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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (35616)	4/3/2003 6:40:20 PM
From: Challo Jeregy	Read Replies (1) \| Respond to of 57110

ah, yeah - that's what I was thinking -g- forgot this one - stockcharts.com

To: Jorj X Mckie who wrote (35616)	4/3/2003 7:23:50 PM
From: Challo Jeregy	Respond to of 57110

just read Matthius's stuff - pretty much on track and guess we should watch that 1045/1040 level - but 1100 would be a double top - Very short term: The intraday patterns yesterday were impulsive. The daily top is the endpoint of iii' of 1' (probaly a hidden wave because of the opening gap). Ideally the NDX should end the "upward fiver" today at around 1.075 followed by a consolidation for several hours. Because of the trend dynamic an upward extension is possible. The correction might go down to to 1.052 (38.2%) reached by Friday. That could lead to an inverse H&S and an island reversal. Assuming a top at 1.075 the 62%-retracement at around 1.040 must not be undercut. A move below 1.045 (at the start of the session 1.041) would be a warning sign. Message 18791014 stockcharts.com ========================= however, just read this (I am SO out-of-touch! -g-) Message 18793251