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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (10381)	8/19/2001 9:31:23 PM
From: The Freep	Read Replies (2) of 209892

Something about that article you posted Allan seems odd to me. dailynews.yahoo.com <<These levels roughly are at 1,170 points for the broad Standard & Poor's 500 (^SPX - news) index; 1,950 points for the tech-laden Nasdaq Composite Index (^IXIC - news) and a band stretching from 10,200 to 10,100 points for the blue-chip Dow Jones industrials average (^DJI - news), chartists say. The indexes currently trade 1 to 2 percent above those levels. ``These are the three downside levels to watch that the bulls need to defend to prevent this market from really going into a downturn,'' said Ricky Harrington, technical analyst at Wachovia Securities in Charlotte, North Carolina.>> Did I sleep through something? The article is dated from Saturday, but I swear those important levels have been breached. Did I miss something? the freep

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