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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 695.59+0.4%4:00 PM EST
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To: Logain Ablar who wrote (41091)4/21/2004 4:30:11 AM
From: Johnny Canuck  Read Replies (3) of 70090
 
Hi Tim,

I am not sure what Zeev's position is now, but the COMPX had to hold 1990 on this pullback if the market was going to test the recent high.

T2113 the percent of stock 1 std below their 200 MAV has been indicating a trend change to the negative the last few days. Given that we broke my line in the sand at 1990 with ease today. I think we have enter a more serious inter-mediate down trend.
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