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To: Jorj X Mckie who wrote (5559)9/27/2000 2:59:48 PM
From: Lost to Voodoo  Read Replies (1) | Respond to of 10876
 
Yeah, I didn't like Friday's action either & it scared me even more that everyone was rejoicing. I'm with you on the pullback - when I can muster that much perspective.

One intersting thing is that we're no longer mimicking the timeline from the 7/17 peak forward - we now appear to be mirroring (in a H&S kind of way - not that I'm sure that's what this is, though now that I look at it that way...)the days on the daily price chart going back from the 8/03 spike down.

If this is a H&S, then we've broken the neckline and we're going to 3200, which probably means 3K (hey, my old target!). The volume pattern isn't perfect (judging from QQQ since I don't get NAZ vol - heaviest vol is on the right & should be on head or L shoulder), but jeez, now I can't stop seeing it.