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Strategies & Market Trends : Take the Money and Run

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To: Jorj X Mckie who wrote (11193)	7/26/2002 11:44:30 PM
From: Jorj X Mckie	Read Replies (1) of 17639

So, while this chart gives the bullish case, The BPCOMP has not corrected as far as it did in April 2001. However, the BPNDX has corrected further than it did in April 2001. Since the NDX tends to lead the COMP, it tells me that the COMP has further to correct. If you examine the similarities between the March/April 2001 BPNDX and the current time period, it appears that the BPNDX needs to retest the lows. stockcharts.com[r,a]waclyiay[pb50!b200!f][vc60][iub14!la12,26,9][j5259783,y]&listNum=1 BPCOMPQ stockcharts.com BPNDX stockcharts.com

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