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To: Crimson Ghost who wrote (68203)4/24/2001 2:19:44 PM
From: kirby49  Read Replies (1) | Respond to of 116938
 
Russ:

Did the initial rally not occur between Feb 20 to Mar 12?

stockcharts.com[l,a]daclyymy[db][pb50!b200!c4!c9!c18][vc60][iLb14!La12,26,9!Lh14,3!Ll14!Lc20]
stockcharts.com[l,a]daclyymy[db][pb50!b200!c4!c9!c18][vc60][iLb14!La12,26,9!Lh14,3!Ll14!Lc20]

George:

<<The market often conditions people to expect certain patterns to repeat endlessly just when those patterns are about to change fundamentally. And the longer a pattern has been in place -- the bigger the potential on the other side of the trade when the turn finally arrives. >>

I hope so as everyone knows had been a long slow down prior to that Feb 20 turn and Apr 2 retest. Could still go back to long term down from here and need to break through 272 and 60 and find support there. I like the way it's acting through this bear rally on the big boards.

Thanks for your comments.

Bob