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To: Chip McVickar who wrote (5687)2/11/2000 11:05:00 AM
From: JDinBaltimore  Read Replies (2) | Respond to of 11513
 
Sorry Chip.. no technicals Just a lot of experience at this level. It always plays the same. Cat & mouse for an hour or more at this 1405 to 1400 as GZ pointed out. But the decisive direction is always made at 1397-98 level. Also, I posted that that double close below the 200DMA is rare.. Not good. You guys on this thread don't seem to go out further than a 5min bar -ggg-. If you'll notice the dow at the 200DMA with the SPX acting on 1400 has not been valid since NOV 1, 1999.

John

John