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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (25615)	3/16/2000 1:09:00 PM
From: Johnny Canuck	Respond to of 68461

Well, we have at least broken the down trends in the DJ30 and the SPX. Even the current gap down in the COMPX has not broken the up trend. We have come a little to far to fast in the DJ30 and the SPX and we could us a little more volume, but the market has do a lot to restoring balance. The rise of the COMPX was pretty spectacular, so I guess the DJ30 and SPX have to be a equally showy. Now if only the DJ15 and DJ20 would cooperate. We did live in interesting times. :) That's an old gypsy curse isn't it? This is the scenario I post privately a few days ago. "It looks like the market may actually play out in the scenario I described of a sell off before the Fed, a bounce for the end of Q window dressing, then a rotating sell off going into earnings season."