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Replies to #3991 on OTCDD (OTCDD)

xxrayeyes

09/10/01 8:59 AM

#3992 RE: timhyma #3991

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.