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Hi Lionel,
Although a little late maybe :
I studied The Nasdaq after 3/8 :
My 3 cents :
SideWays trending down since 22/5
4 th attempt to change this trend failed 2/8.
to get out of this sideways trending down trend
i would like to see 2 closes above 2140.
important support level : ca 1950.
Is this "a" bottom : no ( imho).
the last major bottom was 4/4 : intradaylow of 1619,58.
Will we get another bottom : we will see ;).
Good trading
Theo Lockefeer
----- Original Message -----
From: "Lionel Issen" <lissen@xxxxxxxxxxxxxx>
To: "Lionel Issen" <lissen@xxxxxxxxx>
Sent: Wednesday, August 01, 2001 12:22 AM
Subject: are we at a bottom
> Since there seems to be very few postings to this web site we may be at a
> market bottom.
>
> This sentiment indicator is similar to my public library indicator.
> Some time back I noticed that at market highs, at the public library, the
> shelves for stock market books were mostly empty; while at market bottoms
> the shelves would be stuffed with books.
>
> Don't bet the bank on this one.
>
> Past performance is no guarantee of future performance. :))
>
> Comments anyone?
> Lionel Issen
> lissen@xxxxxxxxxxxxxx
>
>
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