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To: robert b furman who wrote (165)3/29/2001 11:25:16 AM
From: ken-l  Respond to of 470
 
robert

thanx for the kind word !!!

compx - intraday

the concept is ... once it broke the flag <the one that transformed the wedge>, it continued on with the steep down trending channel <from yesterday> !!! the rebound to fill the gap and retest of the broken big flag and be able to break it will be good, ONLY if when it fails on its first test, it wont break below the same gap, which ironically is the same figure as the 38.2% intraday retracement @1856+/- !!!

if it breaks the 1856+/- .. then, u'll have to wait and see if it breaks the 61.8% retrace @1844+/- !!! breaks that too ... the coffin is nailed !!!!

regards,

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