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To: dennis michael patterson who wrote (36054)	11/21/2000 2:43:01 PM
From: Peace	Read Replies (2) \| Respond to of 42787

The channel in place since 11/15 has the upper line at 2820 and has been pierced a little while ago. This line will be worth a little over 2800 by the close.

To: dennis michael patterson who wrote (36054)	11/21/2000 3:15:42 PM
From: donald sew	Read Replies (1) \| Respond to of 42787

Dennis, >>>> , I have an NDX downtrend line at 2860. I have 3 or 4 touches of this line, so I consider it valid. We're near the top of a downtrending channel. If we can move above 2860, we'd be doing something. Until then, the downtrend continues. <<<< You are correct, but I have an important question. When did you become a technician. gggggggggggg Take that line that you mentioned and draw a horizontal line connecting the lows of last week and today - it becomes a possible DESCENDING TRIANGLE. seeya