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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (35126)	9/15/2000 3:02:21 PM
From: Kevin Shea	Read Replies (1) of 57584

Another NAZ view - LT; if you look at the weekly COMPX you will notice an ascending triangle. Triangle usually test the top twice before the Breakout (5/26 - 7/14; 7/14 -8/4; 8/4 -9/1; 9/1-9/14). the next few weeks should test the breakout. If a breakout does occur ( and my fractal tells me it will) we should see a nice rise ( on the order of another 1000 points ) --- it shoul also test resistance from the top... The next push to 4200 should be watched VERY CAREFULLY...a failure could be bad ... history shows rapid declines from failed triangle BOs.

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