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Post# of 704041
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ajtj99

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ajtj99

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Re: Zeev Hed post# 138313

Wednesday, 08/06/2003 10:15:01 PM

Wednesday, August 06, 2003 10:15:01 PM

Post# of 704041
Good point about the new highs on the NYSE. The new lows may have been impacted by the rapid ascent in the TNX last week, as there are some interest sensitive issues there.

I'm prepared for a low tomorrow anywhere from NDX 1207 to 1193-1197. From there I think we'll bounce for a 50% re-trace of the drop off last week's highs, in agreement with the upper targets you've mentioned.

The sweet spot I see is NDX 1197, which would correlate with somewhere around COMP 1630.

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

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