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To: h8_2_b_l8 who wrote (15957)12/27/2000 5:11:19 PM
From: Jeff  Respond to of 19297
 
yup.....i saw a chart of that channel on another thread.....i wish i could remember were it was.....

but 2700 is the hard one to get through .......but to break the channel......i think we need to get through 2800 for sure...and hold......thats a sure time to go long.....

and there will be many headfakes around ground zero.....

but the lower channel leads to 1600......and it hits feb. march area......something to look forward to......ouch!!!

if we don't break out of that channel by mid feb.....alot of folks are going to be shocked at what happens......



To: h8_2_b_l8 who wrote (15957)12/27/2000 5:17:07 PM
From: Jeff  Read Replies (2) | Respond to of 19297
 
i forgot to mention......

we had a blowoff top in feb. march of last year...

the nasdaq is running just the opposite now of last year.....

the market works in extremes.....

the extreme blow off top......

now the extreme implode bottom......and the channel just happens to lead to feb. march area...

the extreme opposite......

watch it happen.....