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Nasdaq about to hit 2000......eeek

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Old 03 December 2003, 04:50 PM
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imlach
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Will we see a bit of a rally once it gets to 2000?
Old 03 December 2003, 05:02 PM
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stevem2k
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S&P is right on resistance @1073 , Dow Resistance is a smidge over 10k , Nasdaq is at 2000.


Could be an interesting few days. Look for the double top to start putting some shorts on.


Steve
Old 03 December 2003, 05:03 PM
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imlach
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I'd expect a bit of rally/excitement if we break through 10k on the dow, or 2k on the nas.

However, yes, odds on for the selloff before end Dec if we do go over these limits.
Old 03 December 2003, 05:10 PM
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imlach
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Often see & read about the double top, but *technically*, what causes it?
Old 03 December 2003, 05:42 PM
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imlach
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..and there it blows thru 2000.....
Old 04 December 2003, 09:36 AM
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..and ends up at 1960
Old 04 December 2003, 10:07 AM
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imlach
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Yeah, caught it on the way down - nice.
Old 04 December 2003, 10:25 AM
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Big Daz
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Ok, I really want to learn about this spread betting on the Stock Market but at the moment you 2 appear to be talking martian ,
Any advice about learning how to do this please ?

Cheers

Big Daz
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