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To: Paul Shread who wrote (42625)2/15/2001 11:53:21 AM
From: JRI  Read Replies (1) | Respond to of 42787
 
I think the real test of the higher low will come next week....I can't see anyway that we don't sell off some post- options ex....so, sell pressure Monday/Tuesday....

How we react to that (middle/end next week) is the REAL QUESTION!

(After an early selloff next week) Will the buying come in, and will we set another higher low? Then....Turn, and go higher?......This "test" IMO will let us know if (1) 3000 is next or (2) if we hit/break below 2300 in the late Feb/March...



To: Paul Shread who wrote (42625)2/15/2001 11:54:10 AM
From: dawgfan2000  Read Replies (2) | Respond to of 42787
 
Paul,

not to disagree with you <g>, why didn't the '90 trend line come up when we saw the previous lows in Jan? Do I just not remember you bringing it up then (very possible) or has the moving averages just brought us into this position? Also, is this on a weekly or monthly closing basis?

TIA for standing by our thread <gg> T.W.!