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Strategies & Market Trends : Classic TA Workplace

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To: Jack of All Trades who wrote (45008)7/10/2002 11:12:05 AM
From: AllansAlias  Read Replies (1) of 209892
 
Sure feels like one of those times where markee is fighting for its life. Yesterday, I had posited that with the rising Vix et all I would think that the prior lows would hold on a bullish divergence in fear. Late last night I changed my mind on that one: this has to hold here or it's lights out I am afraid. A decline from here will look like S&P falling through the neckline from hell we have followed for so long:

angelfire.com
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