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-   -   Nasdaq about to hit 2000......eeek (https://www.scoobynet.com/non-scooby-related-4/278070-nasdaq-about-to-hit-2000-eeek.html)

imlach 03 December 2003 04:50 PM

Will we see a bit of a rally once it gets to 2000?

stevem2k 03 December 2003 05:02 PM

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

imlach 03 December 2003 05:03 PM

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.

imlach 03 December 2003 05:10 PM

Often see & read about the double top, but *technically*, what causes it?

imlach 03 December 2003 05:42 PM

..and there it blows thru 2000.....

stevem2k 04 December 2003 09:36 AM

..and ends up at 1960 :)

imlach 04 December 2003 10:07 AM

Yeah, caught it on the way down - nice.

Big Daz 04 December 2003 10:25 AM

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 :D


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