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Strategies & Market Trends : P&S and STO Death Blow's
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To: TREND1 who wrote (10181)10/9/2002 9:46:50 PM
From: ajtj99  Read Replies (1) of 30712
 
Larry, the indicators say the BPCOMPQ can go lower:

stockcharts.com[h,a]daclyyay[df][pc20][vc60][ilb14!lp14,3,3!ll14][J7200615,Y]&pref=G

I think if you draw a trendline from the March 2000 low through the Sept. 2001 low on that chart you can maybe get a point where we can maybe start thinking that a low is near.

If you really want to pinpoint where the low on that chart will very well be, draw a trendline (I know you won't) connecting the Feb. pivot lows through the July pivot lows.

I think that's where the bottom will be this month.
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