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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: velociraptor_ who wrote (17868)4/23/2001 12:11:17 PM
From: JRI  Read Replies (1) | Respond to of 37746
 
I agree with that.....one last question though: Do you think a break of the COMPX downchannel from Sept (currently 2250)....on any up C wave...would raise a lot of bullish questions....and would be damaging to the bear case?....and lead to potential much higher high (for example...previous on your site, you said a break of 2250 allows the possibility of a move to 3000)..

Or, do you think a break of 2250 is just the tonic needed to suck in cash that was afraid to get in on this past move...and that once we get that in.....and fear levels down....and all the prognostications of the "new bull" start coming out (and that we had a successful retest)......that that will be the juice for a harsh 5 wave down?