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Strategies & Market Trends : Steve's Channelling Thread

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To: Rich1 who wrote (10931)	2/8/2001 12:34:55 PM
From: captain_midnite	Read Replies (1) of 30051

Resistance pretty good at 2650, as Zeev pointed out....but COMPX did ok (so far) with 2600. That is upper edge of the downtrend, would like to see it stay above that level, but my optimism is mitigated. COMPX 2400 if that is lost with conviction? Me thinks... Guess it all depends on the "spin"...as the market looks to late '01, and into '02, things are shiny and bright. Soon as someone mentions this Q or next...nothing but grey skies. A paint-drying, grass growing kind of day to watch so far. But QCOM been strong of late, ready to move the COMPX along again? Good luck all, midnite

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