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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: Arik T.G. who wrote (5076)4/5/2000 2:44:00 PM
From: IndexTrader  Read Replies (1) | Respond to of 5676
 
Arik,

Thanks for posting your thoughts on the rising wedge. I have been watching it unfold, too There may be another way to view the pattern. We could be forming a triangle with the top line starting at the late March highs (around 4600). The triangle shows up really well on the QQQ.
siliconinvestor.com
I am hoping for the bullish triangle setup and a fast move up but am preparing for either move.



To: Arik T.G. who wrote (5076)4/5/2000 3:16:00 PM
From: Arik T.G.  Respond to of 5676
 
S&P managed a marginally higher high but is failing to hold.
Naz still at the upper limit of the rising wedge.
If Naz drops under 4240 the vote is down. Over 4300 up.
Should be interesting last 1/2 hr.

ATG