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To: Perspective who wrote (28809)10/17/2000 11:24:02 AM
From: AllansAlias  Respond to of 436258
 
"Seriously, no fvcking around now" area today for me is a long ways off yet.

We are now testing my number on COMPX, the 3225 area I mentioned before. Should be good support there. It also coincides with the last of the bands of rising support for NDX until we get to the 3000 area. Bet we bounce good right here. We'd better! -g



To: Perspective who wrote (28809)10/17/2000 11:36:04 AM
From: Mike M2  Read Replies (1) | Respond to of 436258
 
Lazlo Birinyi on CNBS says money flow in the Dung shows distribution and the semiconductors have had their biggest correction since 1974. ho ho ho likes GLW -lol Mike



To: Perspective who wrote (28809)10/18/2000 8:34:57 AM
From: AllansAlias  Respond to of 436258
 
It may be time to review the milestone that today and this week may represent. We have discussed now and then the COMPX price channel going back to 1990/1991. We will be testing this again today it would seem.

Chart, courtesy of our sponsor:
fabricland.ca

This is one powerful line. If it folds the game will change substantially. We bounced off this area last Friday.

So then, if we were to take out, say, Friday's low and close the week down there, we would be in a new ballgame.