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To: ajtj99 who wrote (3258)6/23/2003 11:47:38 AM
From: the-phoenix  Read Replies (2) | Respond to of 41521
 
I would see that rising trendline off the March low right about at 972.5 for today - right at the June 9 low. I also have some fib supports in that area. On NDX, your 1188 is right about what I am targeting to cover my NQs (1190). There I am looking at the 200sma in the hourly chart and a 1.27 expansion of the June 9-19 rally, as well as vicinity of the June 9 low.



To: ajtj99 who wrote (3258)6/23/2003 11:51:23 AM
From: jjstingray  Read Replies (1) | Respond to of 41521
 
Yes, I think it is do or die time pretty soon. Those always set up the best buying opportunities. I said last week, I like down into the Fed and then maybe a blast off. Well, if we did out iii of c of 4 here, we should just jello around for a day or so. Then fresh lows maybe on Tues afternoon, Wed morning.