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To: Patrick Slevin who wrote (40661)2/13/2000 10:21:00 AM
From: Michael Watkins  Read Replies (2) | Respond to of 44573
 
Patrick - it may not be germain, but the Oct 98 trendline for the NYA has already been violated, as of last week.

It certainly is not a *good* development for the bullish case, perhaps being the warning shot across the bow for the SPX.

Interesting times...



To: Patrick Slevin who wrote (40661)2/13/2000 11:39:00 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 44573
 
Patrick,
That agrees with how I would read the P&F chart. If we hit 1335, that would actually violate the support line.
Tom


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