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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: JRI who wrote (505)2/20/2001 2:58:16 PM
From: adcpres  Read Replies (1) of 52237
 
JRI: I see us slipping back into that nasty down channel we have had since SEPT. For the close today the top of the channel is COMP 2310. The channel is 670 pts wide which is 29% of the NASDAQ at that point so I suppose a run down to the channel bottom could be qualified as running for the exits. If we get to the lower boundary of the channel it would be world of hurt. GH
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