|
PureBytes Links
Trading Reference Links
|
Well
if a base might take a long time I hope it has big swings and hasn't killed all
the day traders by the time we get there.
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2>Jimmy
<FONT face=Tahoma
size=2>-----Original Message-----From: Earl Adamy
[mailto:eadamy@xxxxxxxxxx]Sent: Wednesday, November 29, 2000 3:45
PMTo: List-RealTradersSubject: Re: [RT] Market -
NasdaqThe NASDAQ breadth models remain sick and the
NASDAQ is continuing topull down the NYSE which wants badly to rally
(whipping around the spooin the process). Today, weekly continuous
unadjusted ND futures hit the62% retracement level of the Oct98 low to
Mar00 high at 2525 and mountedan unimpressive rally which was reversed
when Gateway announced. I havenext major support in ND at 2210 which
represents an AGet MOB supportand the 100% expansion of the first weekly
leg down and retracement.That might or might not finish the steepest part
of the decline butthere is probably months, if not years, before a good
bottom is inplace - it took 2 years from 1972-1974 to put in a bottom from
the hightechnology blow-off of the 60-70's.Earl-----
Original Message -----From: "BobR" <bobrabcd@xxxxxxxxxxxxx>To:
<realtraders@xxxxxxxxxxx>Sent: Wednesday, November 29, 2000 11:12
AMSubject: [RT] Market - Nasdaq> Oops, sent the CVnya on
the previous post. Here is the CVnaz, looks abit> more lame
than the one for the NYA.To
unsubscribe from this group, send an email
to:realtraders-unsubscribe@xxxxxxxxxxx
eGroups Sponsor
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxx
|