|
PureBytes Links
Trading Reference Links
|
Until the Dow Jones itself gives a buy signal ( or if the Dow Jones slide
downwards accelerates ) any up move on the Nasdaq would indeed be limited
and will most likely drag down the Nasdaq . Ben's observation is correct.
The next several days action is very important.
Besr regards,
Dom --- Original
Message -----
From: <Proffittak@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, September 21, 2000 6:54 AM
Subject: [RT] short term mkt outlook 500/nasdaq
> Hello
>
> i agree with dom perrino on the buy for NASDAQ
> HOWEVER
> i do not see a potential large move up
> ND top is only 150points away
> i will be convinced otherwise if in the next 2 days we have 1 billion
> shares of
> up vol. exceeding down vol.
> i also have another dead cat bounce for the sp500
> Max upside 1505 on DEC SP contract
> will only be changing my mind if same condition from above (volume net
> positive 1 billion shares
> nya top 666.48
> happy trading
> Ben
>
>
>
|