i entered my 2nd position 2x short NDX on 11/23/2004. The close that day was 1562.5, any close below 1562.5 would indicate the 1635.xx is our high for the year and the 1720-1750 many expect will not happen. I would be looking then to be possibly:) looking to add to short on any TA rally. NSM announced they are slashing 550 manufacturing jobs.