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> What's next, July LOW retest?
Er, I could have told you that a month ago....
http://groups.yahoo.com/group/realtraders/message/18264
The NDX is really following the pattern of the 1974 DJI
final leg down lately. FWIW, that last wave down in '74
lasted 23 trading days. From the 8-22 high 23 trading days
is around next Tuesday-Wednesday. Hard to imagine the
SPX and DJI getting down to the July lows by then, but
the SPX didn't make a new low in 1974 either. It will
be interesting to see how closely it plays out.
--- In realtraders@xxxx, "M. Simms" <prosys@xxxx> wrote:
> to be sung to the tune of Don MacClain "American Pie"....
> "....the year the Nasdaq died..."
> "bye, bye, Miss American Pie", drove my chevy to the levy and the
levy was
> dry....."
> "....the year the Nasdaq died..."
>
> > -----Original Message-----
> > From: David Neeran [mailto:dneeran@x...]
> > Sent: Thursday, September 19, 2002 5:31 PM
> > To: realtraders@xxxx; vdonovan@xxxx;
> > dorothy.carter@xxxx
> > Subject: [RT] Nasty decline today. What's next, July LOW retest?
> >
> >
> > IMO, SPX/DOW retest is in progress,
> > and possibly new lows in the QQQ/NDX 100
> >
> > QQQ 19-ish before it's all over. QQQ high was one hundred and
> > twenty-something.
> >
> > Comments anyone?
> >
> > _________________________________________________________________
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> >
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