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To: Perspective who wrote (59666)	1/19/2001 10:26:14 AM
From: patron_anejo_por_favor	Respond to of 436258

<<What would it mean if we gapped up and over, only to fall back underneath this important TL?>> As you know, this would represent a failed "test" of the trendline, and should reinforce it as resistance (from a chart-hugging POV, of course). Certainly not the Clown Woodstock II many were expecting....

To: Perspective who wrote (59666)	1/19/2001 10:31:21 AM
From: AllansAlias	Read Replies (1) \| Respond to of 436258

Yea, we went back under but my play here is for the bounce. As long as smelly can hold 720 I won't be too afraid of being long. I would get the hell out though if NDX does not clear 2680 pdq. What an interesting fight. We need a huge volume day to confirm this move. If this TL test fails, I want to be short, short some more, and then short a bit more than that for next week. Would appear they are sacrificing old-econ at the alter of this blowoff move.