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Re: [RT] Market direction



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on 2/14/01 9:04 PM, rosow@xxxxxxx at rosow@xxxxxxx wrote:

John, 
    I'm in agreement with you about the NASDAQ. Anybody catch this 78.6% 
retracement today? Week of March 9th looks to be a possible Wave 4 top around 
3000. See attached. 

Lenny 
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lenny/ John, 

I noticed the 78.6% on NDX, about 2285, was taken out.  Also I trade  Fido Selects and Networking  took out it's Jan low, which I found alarming.  So today's action is encouraging.  

Ira,  I have a small woodworking business and I can tell you for sure there is a whole lot of inflation out there that isn't making it into the government rolls.  For instance, my health insurance went up 20%, with a separate 20% addition for "administrative costs."  Come on!!!

        jerry







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