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To: KeepItSimple who wrote (55285)1/8/2001 11:58:36 AM
From: Oblomov  Respond to of 436258
 
I agree... We may need a trigger. The Fed reports on Consumer Credit at 3PM.



To: KeepItSimple who wrote (55285)1/8/2001 12:03:09 PM
From: AllansAlias  Respond to of 436258
 
Yup, can not seem to sell it down anymore here.

It's lunch time and decision time. Now we have NDX and COMPX kissing the downtrend coming off Thursday on the teeny timeframe pictures -- the same line we slithered along underneath for much of Friday. Bears can't push it down so let's see if bulls can jump this hurdle. They should be able to do this. It's like taking out a weak pawn on your way to one of the more major pieces.


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