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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (3395)	5/24/2001 9:55:44 AM
From: JRI	Respond to of 209892

Velo identified 2 pretty good COMPX levels to watch...around 2265 (I think that goes eventually....might a good stopping point for 1 leg of a corrective)...2265 is the area of a down-ward sloping lines from the tops the past couple days... 2281 is the 2nd to watch....top of yesterday's trading channel (jello).....of course, there is also yesterday's gap down abov that.. With all the individual breakdowns yesterday, I would find it amazing for this thing to go to new highs (for this move)...so much damage yesterday.....I think today's is the shorting op we were looking for....although I am trying to remain bi-polar here...