RED DIRT TRADER

This blog was designed as a place for me to store links that I find helpful. These posts are not investment advice. If you’re looking for advice call your GO BROKER. My belief is the person who cares most about my investments is ME. My hope is the readers of this blog find the sidebar links as useful sources of information while attempting to learn how to manage their own money. As for advice, my Dad gave me the best I’ve ever heard, “Never trust anyone else with your money or your woman.”

Friday, November 9, 2007

Check out the $NDX(click here for updated chart)

Last Friday I added a comment to the weekly $NDX chart. The support areas are no longer valid as they have moved as the price has moved. So we now look to old resistance to see if new support tries to form in that area. If not look to old support. If all else fails just watch this CHART which led me to make this earlier POST .

Labels: major indices, Nasdaq 100, stockcharts, technical analysis

# posted by Chris @ 1:28 AM

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