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To: Poet who wrote (34972)3/22/2001 11:23:26 AM
From: AllansAlias  Respond to of 35685
 
It may not make it high enough for the test, so I'll also be looking for a break below the low wedge line regardless. You are right though, if it busts up through then I would not want to be short for a spell.



To: Poet who wrote (34972)3/22/2001 11:51:46 AM
From: Poet  Read Replies (1) | Respond to of 35685
 
Here's Allan's COMPX chart, updated on March 14th:

geocities.com

It's an historical chart, going back to 1971, so includes the last few crashes.

We've fallen back into the historical channel, delineated by the green lines. I think I understand now why the 1655 resistance is important, as a rise through that increases the likelihood that the COMPX will approach the upper lines of the channel again. I think. <g>


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