Testing Lows

Discussion in 'Trading' started by Magna, Sep 6, 2001.

  1. Magna

    Magna Administrator

    While much of the focus has been on the Nasdaq Composite retesting the April lows (today it closed about 67 pts above the 4/4 close), did anybody notice that the Nasdaq 100 Index (NDX) closed today about 9 pts below it's 4/4 close.
     
  2. dozu888

    dozu888

    naz true bottom 800-1200.

    mark my words (tm) (c)
     
  3. Babak

    Babak

    Most major international mkt indices have been trading below their April lows for a while now (UK, France, Spain, Canada, etc). Nothing surprising there. I think we all know we're going lower.
     
  4. Magna

    Magna Administrator

    Ahhh, like a fine courtship, the give, the take, the tease continues. And in a similar vein, after it's gone on for a while, you have the feeling of enough already, let's just get it over with :)

    Maybe next week we'll get to smoke that proverbial cigarette...