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To: AllansAlias who wrote (76690)3/7/2001 2:24:39 PM
From: Shack  Respond to of 436258
 
Here comes your potential 3 up. The bulls need to make it good.



To: AllansAlias who wrote (76690)3/7/2001 2:26:25 PM
From: yard_man  Respond to of 436258
 
overall pretty boring day ... what's on tap for tomorrow?



To: AllansAlias who wrote (76690)3/7/2001 2:32:25 PM
From: Shack  Read Replies (2) | Respond to of 436258
 
This doesn't look like no 3 up. ;-)



To: AllansAlias who wrote (76690)3/7/2001 2:37:15 PM
From: JRI  Read Replies (1) | Respond to of 436258
 
I think COMPX has to rally well out of current levels (+15) late this afternoon to keep bullish case...my reasoning? We had 3 gap up opens in row, and have barely gone negative even once during that 3 day period....we are in a bear market....how long can the market keep gapping up pre-open? We are due for a down-open...if we get it tomorrow (from current levels), we would likely down gap into pure air (gap below yesterday's open).....and that begin a technical breakdown...

Soxx up 30% in 4 days..how much short-term juice can that have?

Staying "even" here is not good enough for Naz...needs to create some space between it and opening gap yesterday....also, if we finish here...that would make 3rd day in a row that the market could not advance intra-day....and that's strength?

I actually think Dow is pulling Naz's chain today...if Dow fails to make another run at/above 10,7 and keeps dripping down....I think Naz goes with it....no 2:30 PM ramp sos far...beige book seemed to negate that...

So, I think the odds favor a breakdown today afternoon or tomorrow morn on COMPX



To: AllansAlias who wrote (76690)3/7/2001 2:46:33 PM
From: UnBelievable  Read Replies (1) | Respond to of 436258
 
The Lack Of Fear Is Palpable

If you were holding long I would think you might be a bit concerned.

But down is a myth.