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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (199900)10/24/2002 10:11:20 AM
From: Earlie  Read Replies (2) of 436258
 
Luc:

As you are well aware, I am no chart hugger. In fact, I am in the MB school which sees charts as basically trend following and "trends continue until they don't". That said, the number of stocks that are bumping up against the top of their downtrend channels is quite amazing. I suspect the sellers will get active at this level. If they break through, then I will box. For the moment, I am adding.

Best, Earlie
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