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RE: Nasdaq breakout target


  • To: <metastock@xxxxxxxxxxxxx>
  • Subject: RE: Nasdaq breakout target
  • From: "Guy Tann" <grt@xxxxxxxxxxxx>
  • Date: Sun, 30 Apr 2000 01:17:00 -0700
  • In-reply-to: <20000427202911.14109.qmail@xxxxxxxxxxx>

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Regarding our signals, please remember that we all of our trades are based
on the S&P and not on the DOW or the NASDAQ.  We feel that the S&P is more
representative of the major market.

It's always possible for the NASDAQ to go one way while the DOW and S&P go
the other, which is what has been happening for the last few days.  We're
ahead with the SPY and the DIA and behind with the QQQ.  Generally, though,
we find that the NASDAQ will usually come back and pick us up.

Guy

-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of Jean-Paul Duchesne
Sent: Thursday, April 27, 2000 1:25 PM
To: metastock@xxxxxxxxxxxxx
Subject: Re: Nasdaq breakout target

I saw the same figure since yesterday and I think we could breakout tomorrow
and have a target at 4500. The breakout of this figure is the same as the
descending trendline from 5100. The only problem is Guy Tann's indicator is
always in short....
By the way, are you French?

Jean-Paul Duchesne
maxpaul21@xxxxxxxxxxx

----- Original Message -----
From: "Eric Porcher" <eporcher@xxxxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Thursday, April 27, 2000 1:26 PM
Subject: Nasdaq breakout target


> My fearful-then-greedy-then... eyes would say the Nasdaq (COMP) is in a
> 10-day symetrical triangle, with a breakout likely in a day or so.
> Would anyone care to educate me, whether I'm out to lunch, or to
> speculate on targets for upper and lower breakouts?
>
> Thanks
> Eric Porcher
>
>