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Does that mean you see further imminent declines in NASDAQ? Looking at
my models, all 3 are at lows not seen since Aug98. This indicates that a
bottom will not be made until there is a successful retest of the lows.
I very much doubt that today was it.
BTW, the weakness in the commodities was very noticeable near today's
lows in the equity markets. I took advantage of the opportunity to do a
bit of buying.
Earl
----- Original Message -----
From: "nwinski" <nwinski@xxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, April 04, 2000 6:28 PM
Subject: [RT] Re: MKT- NASDAQ
> BobR,
>
> The Mars - Jupiter Conjunction will occur Wed. night at approx. 10
Taurus which
> is 40 degrees of the Zodiac. Upon studying your chart, I wondered if
this position
> has any effect on the NASDAQ?
> 11 cycles of 360 = 3960 + 40 = 4000. So I looked at your chart and
was disappointed
> when it cut through that level like a knife through paper. Then I
said to myself,
> "myself, ok this was a very big volatility day, maybe I should also
look at one
> cycle (360) down and see if it got there?" Then, upon figuring out
that the Mar
> Jupiter number was 3640 and that Saturn Uranus were at 3650, and then
looking at the
> low for the COMPQ (NASDAQ Comp) at 3649.11, my eyeballs about fell out
of my head.
> Kewl!
> Coincidence?
>
> Planetarily,
>
> Norman
>
> P.S. Watch for support and resistance for COMPQ at 3640-50, 4000-10,
4360-70, etc.
>
>
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