185 replies to this topic
Posted 11 December 2002 - 06:03 PM
Hey Doc, maybe you want to add this to the Stoolville Store -- talking toilet paper!
Of course I'm caustic!
Posted 11 December 2002 - 07:14 PM
The [NASDAQ 100] and Composite continue to lead the charge lower. Another reason we are confident that a short-term low is not yet at hand is because the NASDAQ has continued to act very weak in near-term bounces. The rally from Monday's low is a good example. The push up is clearly three waves and has been much weaker than in the Dow and S&P. Support remains 975-977 and 932-936 in the 100 cash The equivalent support in the Composite is 1315-1337 and 1266-1270. The indexes should work their way to the first area without a problem. The lower support also offers the strong potential of being tested, but we will take the decline one leg at a time.
From E Wave update tonight.... comes out after the bell. I didnt need to wait for it as I entered in the Rydex venture on the close...
Next stop is 975 ish on NDX... or about a 5-6% drop short term, IMO.
Posted 11 December 2002 - 07:16 PM
I would leave Waterhouse in a nanosecond (for various reasons) if it wasn't for the fact that they are a block away from where I work.Yep, probably. Fokker said he was having trouble too. I wonder if we're experiencing normal problems, or hacker outages.I'm sure it was (internet related). I found all my windows were slow to refresh from about 3:30ish to 4:00 e.s.t. I'm on a industrial type cable set up at work.
BTW duntcha just luv da boxes in da boxes in da boxes?
Posted 11 December 2002 - 07:23 PM
reminds me of derivatives
Posted 11 December 2002 - 10:59 PM
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