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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (17548)9/12/2000 10:30:21 AM
From: AllansAlias  Read Replies (2) of 436258
 
I see it. I am not short again yet as NDX cash is on some supports intraday. I am watching it on my other screen waiting to pounce.

As always happens when an index is testing a certain construct, in this case the rising line from May lows (bottom of wedge I/we have often spoken of lately), there are issues of the index that break and fall through the same line on its own chart...

SEBL has taken a hard shot to the body. A beautiful TL that goes from April lows and was tested in May, Jul, and Aug was breached today on a gap-down. Ouch.

edit 10:30 -- now short.
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