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To: Perspective who wrote (31555)	10/26/2000 12:03:30 PM
From: AllansAlias	Read Replies (1) \| Respond to of 436258

You are right BC. That was a "defcon 1" situation. I actually expect this to be a good rally, bwthdik. I'll be damn good and ready for it not to be. -g edit: NDX building a flag off that bottom. At the top of it just now. "Breakout or fade, that's where the money is made."

To: Perspective who wrote (31555)	10/26/2000 12:16:21 PM
From: AllansAlias	Read Replies (1) \| Respond to of 436258

Well, NDX broke upward out of the flag. It was the queerest thing -- the futures didn't buy it and still are not. In its chart (i.e., the futures), it is having a terrible time getting over a falling resistance line -- one that goes back many days. There is no direct equivalent to this falling line on the cash charts at this point. (It's some number of points higher, this equivalent line.) It's endlessly interesting to me this interplay between the cash and the futures charts. Sometimes, there are arbitrage-style situations that one can take advantage of. I believe that this is/was one and I bet on it. edit: As I finish typing the futures chart is just now starting to break. I consider these to be gift trades, but they do not appear all that often.