Prognósticos...
Enviado: 21/1/2003 9:48Chamo a atenção para a crónica do "Dr. Bob" 
[...] The Nasdaq has a gap at 1420 and the bottom of that gap is at 1401, which could see the index rally up to, but the gap fill is not a sure thing. If it were to fill this week, then it would need to close above it that day, or the next day at the latest. Otherwise, a decline would likely ensue.
It appears that the indices have made their highs in the short-intermediate term of 2 weeks to 2 months, and that lower highs and lower lows may be made now. Until we get significantly lower and very oversold, any bounces or rallies may well be quite ephemeral.
The Dow has resistance at 8650 and 8770, where it may rally to before declining sharply. The Nasdaq has resistance at 1400 and 1420 from a couple of indications. If we get an impulse wave down, it might reach Dow 8250 and Nasdaq 1280-1300 first before much of a bounce, and those levels will ultimately break, to 7900 and 1221 gap fill, perhaps.[...]
Keep on seeing... diria o cego português!
Sol Dado
[...] The Nasdaq has a gap at 1420 and the bottom of that gap is at 1401, which could see the index rally up to, but the gap fill is not a sure thing. If it were to fill this week, then it would need to close above it that day, or the next day at the latest. Otherwise, a decline would likely ensue.
It appears that the indices have made their highs in the short-intermediate term of 2 weeks to 2 months, and that lower highs and lower lows may be made now. Until we get significantly lower and very oversold, any bounces or rallies may well be quite ephemeral.
The Dow has resistance at 8650 and 8770, where it may rally to before declining sharply. The Nasdaq has resistance at 1400 and 1420 from a couple of indications. If we get an impulse wave down, it might reach Dow 8250 and Nasdaq 1280-1300 first before much of a bounce, and those levels will ultimately break, to 7900 and 1221 gap fill, perhaps.[...]
Keep on seeing... diria o cego português!
Sol Dado
