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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Zeev Hed who wrote (99189)3/21/2004 9:07:31 AM
From: Ditchdigger   of 99280
 
I'm surprised no one has mentioned the bearish breakdown in the comp bullish %...While as I recall you don't follow P&F charting much, this is an interesting nas comp chart. It has reversed down into the "O" column, but what is interesting to me is the break to lower levels each time it has hit a double top since January (3 times, and possibly working on the 4th?)looks like a print of 1920 sends it towards the critcal high 1800's area, possibly mid 1800's..Maybe the institutions will prop it until 1st Q close..DD
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