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Re: [RT] NDX - the engine that couldn't



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On Mar 9,  4:02pm, Jimmy wrote:
> Could you tell those of us not familiar with the blue line what it is or why
> it may be important.

The bottom blue line is line that is about -20% below the center
(log) regression (green line) - it was chosen because that's the
oversold level that NDX tested and rallied significantly from in the
recent period.  The chart begins in March 2000, the when the all-time
high was recorded.


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