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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (108541)	6/13/2001 4:14:00 PM
From: patron_anejo_por_favor	Read Replies (1) of 436258

<<spx closing below 200 week moving ave>> Good point. I like that one (200 wk MA) as a marker of secular bears. On the same theme, on the weeklies there's a really bodacious head & shoulders top setting up in the SPX, with the left shoulder in 7/98, the head at the all-time high in 3/00 and the right shoulder (?peak) 4 weeks ago. stockcharts.com[w,a]waclyymy[pb50!b200!d20,2][vc60][iUb14!La12,26,9!Lg20!Lf] The neckline is rising beautifully and currently sits at 1100 or so. This sucker measures to SPX of 550, so it "bears" watching, methinks...<G>

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