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To: LLCF who wrote (25820)10/9/2000 10:11:53 AM
From: chic_hearne  Read Replies (5) | Respond to of 436258
 
I've become so convinced that we're going down that I'm trying to keep an open mind. If a clown is a permabull that doesn't know when to let up, what is the term for a permabear that doesn't know when to let up?



To: LLCF who wrote (25820)10/9/2000 10:12:03 AM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
This morning we opened COMPX under the price channel I mentioned on Friday. I would have been very wary on the short side if only it had opened on/above the lower line of said channel. NOT!
__________
COMPX/NDX have been trending down beautifully as we know.
Until today they have respected the very regular channel
they've been sliding in. Today, COMPX closed under the
channel line. It may want to accelerate now.

ps: Note that COMPX telegraphed this by punching down
through that line intraday two days ago. NDX has never gone
under the line intraday.