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To: patron_anejo_por_favor who wrote (112797)	7/16/2001 3:26:06 AM
From: Davy Crockett	Respond to of 436258

interesting quote "But for those investors betting on a powerful rebound, he says, "the bad news is we do not expect a rapid recovery. Where we were, we never belonged there." I've never been there either... Any signpost's on the way???? Regards, ps. This is what i c FWIW, lower highs, & more lower lows, IMHO the consolidation pattern that has been forming for the last little while (since April 23 ) has failed. stockcharts.com I base that on the following: sentiment, chart & I'm drunk...<g> Seriously, take a close look @ the chart... even though the indicatars look bullish (ie: crossover of the 5x21, & same a week or so ago of the DMI's (+ over -), CMF, etc... Some thing I don't like on the (daily) chart r the following... turn down on both the RSI & +dmi, SAR has not reversed, lower high on almost equilent volume from the June 25 week. Doji last daily candle.... Should be interesting to observe if the 5+21 day ema is taken out or not, & if the RSI & DMI+ continues the reversal. Again FWIW department, keep an eye on the lower lows registered by both the stochastics, MACd (and the CMF)...oops almost forgot & mostimportantly lower lows on price of MSFT.... Only time will tell <g> Regards, Peter