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because volume made a lower low
(cumulative)
Ben
tomorrow low will be the LAST low at
33.30-33.40
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Lee Morris
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, April 09, 2002 9:51
AM
Subject: RE: [RT] NDX - double
bottom?
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: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxxCc:
<A
href="mailto:gannsghost@xxxxxxxxxxxxxxx";>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:>
realtraders-unsubscribe@xxxxxxxxxxxxxxx>>>> Your
use of Yahoo! Groups is subject to <A
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