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To: marginmike who wrote (51852)	12/28/2000 10:35:06 AM
From: AllansAlias	Respond to of 436258

mm, Yea, the DOWn is just ufb and scary, as is the NYA and XMI for that matter. However, primarily due to the hundreds of laggard old-econ stocks and the tech-wreck, the S&P is still gravely wounded. Let's see how it handles getting back over the 1994 trendline. --------- So, we coil. As I said, it's trade in and out for me. Waiting again for it to come back to the top of the yesterday's range where I have bid again. I am thinking this coil will take the shape of a descending triangle or bull-flag. Check out NDX on short timeframe and you'll see what I mean. It hasn't formed it yet, but hey, ya gotta have a plan. -g)