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To: w2j2 who wrote (8289)4/27/1998 3:19:00 PM
From: Igor Nasonov  Read Replies (2) | Respond to of 12559
 
<Nasdaq should come down to trendline at about 1700-1750>

Walter -

And the reason for this serious adjustment is...

Good Investing, Igor



To: w2j2 who wrote (8289)4/27/1998 4:17:00 PM
From: Ed Frye  Read Replies (2) | Respond to of 12559
 
hi walter-

what you say is logical based on the polarity principal - previous resistance should act as current support but it would wipe our entire real gain of past 3 months - 1800 held today, presently 1820ish - weekly candlechart for nasdaq shows classic top reversal pattern - 3 week tweezer top followed by doji star - a black candle this week would complete the dreaded evening star.....ed


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