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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (3162)	11/16/2000 11:54:56 PM
From: Mark Fowler	Read Replies (1) of 57684

Yeah heavy volume on the sell side on the right shoulder. I have the neckline at 110. Now considering what's going with the general market, so let's pretend Arba breaks through gap support at 58. Then we draw a second neckline. Those H&S measurements are only potential forward looking measurements. I think we'll see Arba bounce at the gap, then we'll have to see what happens from there. Btw, Yhoo's H&S is at 32. I gave you the wrong on it,sorry, i'm tired. We need to hold 45 on Yhoo. If we don't hold here the Ndx 2897 - 2700. Then i think a massive sell off could occur. We need to see that capitulation Bill and i would like to see it at this level. The volume just sucks this is nothing but a continual slow bleed. Other levels of support 2550 and 2300.

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