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

To: pressboxjr who wrote (5304)	6/18/2001 10:19:10 PM
From: AllansAlias	Read Replies (4) \| Respond to of 209892

I want to be clear. That way, it'll be easy to tell if I am wrong. -g I don't see a death trot coming, but hey, like I said, the Sep/00 DT line on COMPX is everything. As long as it holds we have the potential for a good rally lasting weeks. Tomorrow: Up to 2045, maybe even 2065. It's a short op'ty. Watch for non-confirmations and too low put/call ratios. Wednesday: A good flush hits. Thursday (late?)/Friday The tortured beginnings of a nice, sharp rally that saves the weekly sticks from uglyville. To avoid closing under the Sep/00 DT line, the COMPX will have to rally to 2000 by week's end. I don't see what the spark for such a forceful rally would be (remember, I am saying we go down yet this week). If we close under it, then this market is headed to the lows.