soup Posted April 17, 2003 Report Share Posted April 17, 2003 Madame: what kind of odds do you put on us seeing a negative tick this trading session? Link to comment Share on other sites More sharing options...
blackbelt Posted April 17, 2003 Report Share Posted April 17, 2003 I'm not sure if I do the right thing posting the charts below but I want to show you something that might help relax things just a bit... The first chart is the NDX from early 2000 and the second chart is the NDX from mid-last year. Can you see the similarities? This is a fractal situation. See how the dates match only last year the time expanded by two. So far the high of the rally. I really don't know if tis time the index will make a run for 1150. I don't want to speculate. But even if it does, remember what happened after September 1st, 2000? I don't say the same thing will happen now, but that fractal kept me on the right side of the market since December when I realized that there is a correlation between the two... This is not to support either a bullish or bearish case. Since Time is more important than price, the top "might" be in. If the index trades above the 3/24/03 high then I will start thinking higher. Just for info purposes only. The high could be in already as of 3/24/03.... NDX - 2000 NDX - 2002 Link to comment Share on other sites More sharing options...
Bearman Posted April 17, 2003 Report Share Posted April 17, 2003 doolar closes early today 1pm est then mk can go down! Link to comment Share on other sites More sharing options...
Guest Posted April 17, 2003 Report Share Posted April 17, 2003 . . . . . . . . . . . . . . . . . . . . . Link to comment Share on other sites More sharing options...
Guest bullseatshitndie Posted April 17, 2003 Report Share Posted April 17, 2003 emini 50% retrace from yest high to low is about 890, i'll sell if gets back there Link to comment Share on other sites More sharing options...
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