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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (34790)	11/4/2000 2:50:56 PM
From: John Carson	Respond to of 42787

Larry, Interesting chart. You dont think we have had one yet? Take out log scale and it will be more apparent. IMHO, one down, one to go.

To: TREND1 who wrote (34790)	11/5/2000 9:50:52 PM
From: Dan Duchardt	Respond to of 42787

Larry, Wonder if the SOX INDEX will have "two thrusts down" this time I have no problem seeing two already, or even 3, though the second was not as deep as the first. On a weekly chart the SOX decline over the last several months compares well to the declines in 95-96 and 97-98, which also showed 3 moves down, except that the total time frame is a bit shorter. The total % decline is about the same, which can be seen from your chart as the linear distance from the first high to deepest low. Not that we can't go lower, but I would not call this latest movement a single decline. Dan