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Strategies & Market Trends : MP - Market Pulse -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (149)	6/25/2001 10:21:16 PM
From: John Madarasz	Read Replies (1) \| Respond to of 1328

LG... I exchanged a few interesting messages with one of the Traders on S.T. regarding the OTC this weekend, and shared a view of your compx 130 minute chart. I think that you differ somewhat in that ST feels the overriding formations in play are the H/S breakdowns first...then the wedge formation. The reason for this is that many components/ sub indices are following through on similiar H/S breakdowns . Notice the h/s breakdown and rally back to the neckline in this index re: otc... stockcharts.com[h,a]daclyymy[dd][pb50!b200!f][vc60][iub14!la8,17,9!lh5,5!li5,5] Just trying to lend some insight into what is driving the analysis... Regards, John