InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,712.69
(
-0.28%
)
US TECH 100
19,431.20
(
-0.34%
)
Dow Jones
41,794.60
(
-0.61%
)
Brent Oil
75.09
(
-0.04%
)
Bitcoin
68,875.89
(
1.56%
)
Post# of 148479
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

ajtj99

Send PM Follow Ignore
Followers 305
Posts 46029
Boards Moderated 1
Alias Born 08/27/2001

ajtj99

Member Level

Re: None

Tuesday, 01/22/2008 11:04:05 AM

Tuesday, January 22, 2008 11:04:05 AM

Post# of 148479
FWIW, it was much easier trading on Sept. 17, 2001 than it is today.

On 9-17-01 the Nasdaq gapped below the April 2001 lows, providing a pivot area for price. Price tested that 1620 level on the Nasdaq and backed off. Price proceeded towards the eventual 1387 low over the next 4-sessions.

The closest proxy we have is the NDX 1806 August lows. Using the 2001 example, NDX 1806 ought to be a pivot area. Long above, short below is the easy play as we are near that line.

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.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up