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To: pater tenebrarum who wrote (28193)10/15/2000 6:35:26 PM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
Rather than looking at the fall, I was looking at the build tonight on the Nikkei. Among other things, one of the important differences is the lack of rising support for the Nikkei.

Their consolidation was a flat range during 1988. Once that floor gave it was over.

For COMPX it is different. Its consolidation after the crash in 1998, the equivalent of 1987 for the Nikkei, is a rising consolidation; a graceful bull run in fact. Our current fight is with rising support from that.

Just print a Nikkei chart, turn it -20 degrees, that is, as if you were going to use it for handwriting, and you will then hold a COMPX chart. -g