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Re: [RT] Market - Nasdaq



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Sick is right.  In the aftermarket rate your target should be hit on
Thursday or Friday.  Looks like crash mode with a - 2 std dev price move.
br

----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: "List-RealTraders" <realtraders@xxxxxxxxxxx>
Sent: Wednesday, November 29, 2000 1:45 PM
Subject: Re: [RT] Market - Nasdaq


> The NASDAQ breadth models remain sick and the NASDAQ is continuing to
> pull down the NYSE which wants badly to rally (whipping around the spoo
> in the process). Today, weekly continuous unadjusted ND futures hit the
> 62% retracement level of the Oct98 low to Mar00 high at 2525 and mounted
> an unimpressive rally which was reversed when Gateway announced. I have
> next major support in ND at 2210 which represents an AGet MOB support
> and the 100% expansion of the first weekly leg down and retracement.
> That might or might not finish the steepest part of the decline but
> there is probably months, if not years, before a good bottom is in
> place - it took 2 years from 1972-1974 to put in a bottom from the high
> technology blow-off of the 60-70's.
>
> Earl
>
> ----- Original Message -----
> From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxx>
> Sent: Wednesday, November 29, 2000 11:12 AM
> Subject: [RT] Market - Nasdaq
>
>
> > Oops, sent the CVnya on the previous post.  Here is the CVnaz, looks a
> bit
> > more lame than the one for the NYA.
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxx
>
>
>


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