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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (20841)	9/22/2000 11:34:03 AM
From: AllansAlias	Respond to of 436258

Single-day breaches of long-term trendlines are not significant, and they are strong contrary indicators when the breach is reversed. IMHO, correct on both counts. Let's watch CSCO. it is the millstone around this rally's neck. The TA takes too long to type. Suffice to say that it is getting backed into a corner and will probably pop one way or the other shortly. Notice that it has been slowly slipping -- this is follwing the overhead line of the corner I am speaking of. Decision time shortly. (edit 11:37 -- whipped out of long. CSCO blows. -g)