To: KeepItSimple who wrote (7682 ) 2/17/2006 9:01:02 AM From: Tunica Albuginea Respond to of 15857 Re:Can someone tell me what that GOOG chart means? stockcharts.com --------------------------------------------- You can see the gap up at 315-320. Technically speaking I recollect the old principle that "all gaps must be filled ". So we are probably looking at 315-320 at some time in the future.But then most sort term support is at 300 ( price by volume)stockcharts.com [w,a]dacanyay[pi][vc60]&pref=G The biggest support is at 200stockcharts.com [w,a]dacanyay[pi][vc60]&pref=G IMHO, as I have been saying for the past 6 years, it is the cost of health care that has popped the Market in 2000. The USA cannot afford the cost of currrent medical technology and medical personnel. Greenspan and Bernanke I believe are making the same mistake. Following the pop of the market in 2000 the next step now are the bankruptcies of the old guard companies ( Delphi,GM?, Airlines, etc) and the popping of the housing market. Before old legacy companies ( GM etc ) can buy the new NASDAQ technologies they have to sell their products which however they will not be able to to a tapped out consumer whose piggy bank ( re-mortgages ) has been taken away by rising rates. For the market to take off, all these bubbles and bubblettes have to pop. It will take another 3-4 years, IMHO TA PS:Meaning of " Cost of medical personnel ": a)There is a giant gap of nurses for the next 10 years because of poor nursing school enrollment 1992 - 2002 when Medcine was squeezed by HMOs.Their wages will rise. b) Physicians of the future will be called "Medical Engineers". You will need both a medical and an engineering degree to practice Medcine 10 years from now. To see that all you have to is read the currrent top medical journals. Finally, there where two price contols in medicine: DRGS(Diagnosis related groups in 1980 which paid a flat fee for everybody who had a different disease ) and HMOs. All these are gone. Short of National Health Care , all price controls are gone. Sky is the limit now for medicine.