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Re: timhyma post# 3991

Monday, 09/10/2001 8:59:59 AM

Monday, September 10, 2001 8:59:59 AM

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Good Morning Tim. Yes, 1620 should provide support for the NASD and if it does, it will represent a double bottom. This was needed a long time ago. The market was in denial thinking that touching 1620 once represented a bottom. Levels of support or resistance need to be tested at least twice and I prefer three times. We are in a recession. Whether or not we want to admit it, the facts and numbers do not lie.

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