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why do
you not think that this low will hold
<FONT face=Tahoma
size=2>-----Original Message-----From: profitok
[mailto:profitok@xxxxxxxxxxxxx]Sent: Tuesday, April 09, 2002 8:34
AMTo: realtraders@xxxxxxxxxxxxxxxCc:
gannsghost@xxxxxxxxxxxxxxxSubject: Fw: [RT] NDX - double
bottom?this bounce in NASDAQ is only good for tops
$3-4 for qqq from intra day lowto intra day highthen we take out
the 33 lowaprox 5-7 buss days time framehow
low 31 is first targetnice dayBen----- Original
Message -----From: "Gary Funck" <gary@xxxxxxxxxxxx>To:
"Realtraders@xxxxxxxxxxxx Com" <realtraders@xxxxxxxxxxxxxxx>Sent:
Tuesday, April 09, 2002 12:31 AMSubject: [RT] NDX - double
bottom?>> See attached. I found it interesting that this
is the second time that NDXhas> tested the current level (March
2001, late Feb 2002, and today, April 12,> 2002). The recent two lows,
have the look of a double bottom (in the 1340area)> with the
potential to bounce to about the 2000 level (+45%). On
thedownside,> the lows of Sept-2002 look like a reasonable downside
projection in the1100> area (-18%). I'd be interested in how you
chart readers interpret thischart,> and what sort of projections
you'd make from here?>> PS: the lower diagonal line is trend
line off the 1993-94 lows, showingthat> the NDX could drop
substantially, and still be in line with a longer termtrend> line,
of appreciation of about 11%/year.>>> To unsubscribe from
this group, send an email to:>
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