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To: chartseer who wrote (29924)3/13/2001 9:27:40 AM
From: Nemer  Respond to of 53068
 
true true chartseer ...

my support figs hopefully will contain this "imaginary/possible" drop I envision mid morning ...

I might just take some time and trade ...
we'll see but I've gotta run now



To: chartseer who wrote (29924)3/13/2001 7:53:56 PM
From: chartseer  Read Replies (2) | Respond to of 53068
 
GE:
stockcharts.com

Ge is in a downtrend. GE is a bell weather stock for the SP500. There was support at 44 which now becomes resistance. The company says everything is fine but the market(chart) says there are problems. The chart is in a definite downtrend, Who is right the company or the chart? "The trend is your friend." The trend is down. The bear market is not only still here but is spreading.
DIA:

stockcharts.com

This looks more like a top to me than a bottom.

then again what the heck do I know?

chartseer