P&S and STO Death Blow's Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TREND1 who wrote (26267)	1/26/2003 1:26:55 PM
From: ajtj99	Read Replies (2) of 30712

Larry, there is no floor for the COMP until 1280, and then really 1266-1270. 1315-1327 is a double bottom that will not hold the next time it is hit. The charts and indicators I looked at last night compare quite closely with Sept. 24 and around April 25, 2002. In both of those instances we were very oversold, bounced slightly, and headed down a bit more. April 25 more on the Dow and S&P than the COMP. The S&P and Dow have taken the brunt of this drop, and the last part of the drop may be the COMP's time, as it is not as damaged yet.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next