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Non-Tech : Raptor's Den

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To: velociraptor_ who started this subject	11/20/2002 12:08:32 PM
From: mish5000	of 10157

Momentum appears to be increasing to the upside.... Still sticking to target of 1450 - 1485 .... next upmove could be quite powerful.... need to take out recent highs at around 1425 to start the acceleration to the upside.... Critical juncture here.... question: have we been consolidating at the highs or forming part of a distributed top?... charts look higher to me unless they turn down hard in the next day or so.....time is not on the bears side for the moment. Pending on next 3-5 days of trading, if we do indeed break to the upside, the COMP target may well need to be adjusted to a higher level...just can't say until this consolidation pattern has been resolved...

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