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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: lurqer who wrote (30411)2/3/2001 6:41:54 PM
From: Dealer  Read Replies (2) of 65232
 
Hi lurqer! What do I know? Will give ya the chart so you can check it out fer yer sef. I will do a guess job on P&F.

KG4 does P&F, he might give a second opinion or anyone else.

stockcharts.com

Anyone in the U.S. on Friday knows prices are moving lower.

This is like all other charts. Who knows it could go up or it could go down.

Not a bearish alert "YET", (close) we have support at 2650 if we break 2650 that will give us an alert for a bearish downtrend. From the P&F the next strong support is around 2500, with 2300 there after.....(fingers crossed)

Strong upper resistance seems to be somewhere around 2850-2900.

Like I said what do I know........I stand to be corrected by anyone, as usual.

dealie
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