P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: Rich1 who wrote (15303)	11/15/2002 11:16:03 PM
From: byhiselo	Read Replies (3) of 30712

<<They say Bear markets end when nobody believes they are over...>> probably just semantics, but i think the proper phrase is 'bear markets end when everybody thinks they will never end' anyway, got this COMPX H&S chart from a poster over at capitalstool.com: capitalstool.com my take is COMPX has to turn down and pronto for the near-term bear case to be still in play even allowing for a throwover the neckline, a 2nd attempt would likely break thru and there are most certainly will be ton of buyers just above 1426 the smart short play may be to fade this event but if 8/22 highs are exceeded on a closing basis, don't see any real resistance til 1550 and 1750...another fitful weekend for the shorts -g cheers

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