Posted by 14 December 2004

Naz Trying 2,153 Again

The NASDAQ is really being a tease today. It’s already crossed the January high of 2,153 several times this morning. The million dollar question is can it close above that level. Here’s a 60-minute chart which shows all the failed tests of 2,153 this month:

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Comments

  1. Posted by sp0om on December 14, 2004 at 8:20 pm

    Hmm. Looks as if the Nasdaq closed above 2153 mark. But just barely. Is this slight break in the 2153 resistance point significant?

  2. Posted by Michael on December 15, 2004 at 12:00 am

    I think it’s significant but as always time will tell. BTW, nice URL.

  3. Posted by sp0om on December 15, 2004 at 10:29 am

    Thanks on the URL compliment. I’m trying to put together an investing/personal finance/economics forum that has zero spam. I haven’t been able to find any decent investing forums online, so I thought I would fill that void by putting one together myself. Feel free to visit when its complete (would love to have pro traders like yourself as members). :)