Price Movement of Nasdaq

[Daniel Martinez <DanM@xxxxxxxxxx>]

I noticed the Metastock EOD Price Osc. indicator (percentage) for a 1
day MOV vs. 200 day MOV as of 3/14/2001 is at the lowest value with
Quotes-Plus data.  Because QP data only goes back to 1/2/90, I had to
update my Yahoo data using Quote-Monster.  Yahoo data goes back to
10/11/1984 and I was able to at least find a matching level for the
Osc on 10/12/1990.
I uploaded 4 charts so you may visualize what I am writing:
http://DLM.50megs.com/nasdaq-price-osc-200.htm and
http://DLM.50megs.com/nasdaq-price-osc-100.htm
both show the NASDAQ is farther below its 100 and 200
day MOV's than it has been in over 14 years.

http://DLM.50megs.com/nasdaq-price-osc-20.htm
shows recent panic selling levels have approached
1987 level hysteria.

I have included the Yahoo NASDAQ data chart so you
may see the source data.

My question is, does the group think these charts indicate a market
bottom?

Daniel.