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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Jurgen who wrote (19684)2/4/1999 10:17:00 PM
From: Clint E.  Read Replies (1) | Respond to of 70397
 
Hi Jurgen & welcome back. I've never been to China but I like to go there some day.

Why is it that everytime you come back from a trip, we end up with a sell off? I swear this is the 3rd time. From now on, could you let us know of your itinerary? We'll like to trade based on your itinerary. We'll even change the name of this thread and call it, "Technical Analysis of Jurgen's Trip Itinerary". How's that?

Hey, I enjoyed hearing about your BAY/NT story. Quite a journey you've had with this stock. After four years you do deserve 5% profit. Well done.

Take care;

Clint



To: Jurgen who wrote (19684)2/4/1999 11:40:00 PM
From: Jurgen  Respond to of 70397
 
>>..as long as 2200 holds..<<

2400, of course...
The nice trendline from the October lows is still valid, Naz is sitting on it right now.
50 Day MA: 2,202.61 (Today's close 9.4% higher)
200 Day MA: 1,889.75 (Today's close 27.5% higher)
Trend (r2 smoothed): 0.691

Some support at 2380-60, 2300
strong support ~2200
Fibonacci Retracement Level: 2260-2088-1950 (for the run-up from the october lows)

2260 fits nicely into the chart picture as a downside target