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To: AllansAlias who wrote (111327)7/5/2001 8:32:05 PM
From: NOW  Read Replies (1) | Respond to of 436258
 
You mean the people responsible for watching those things were on vacation today and show up tommorow? <g>

"If we don't get some buyers tomorrow, we will have some very ugly failures, none more important than NDX: after many months, last week we finally closed just over the Sep/00 DT line and, as of today, we are back under it on the weekly"



To: AllansAlias who wrote (111327)7/6/2001 6:19:22 PM
From: pater tenebrarum  Respond to of 436258
 
it made a SECOND island reversal, to the downside! Prechter used the previous island reversal to the upside as one of his arguments to justify his new-found bullish stance. today loads of supports have fallen by the wayside, everywhere. i expect a re-test of some broken horizontal supports from below next week and then another big flush.