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To: robert b furman who wrote (323)7/23/2001 10:56:51 AM
From: ken-l  Respond to of 470
 
bob,

the s/t intraday bullish scenario posted last nite has been violated when compx broke below the support @2020+/- !!! i'm not saying that we wont get the rebound, but i suspect that the rebound maybe smaller than i originally expected !!!!

just a thought ...

regards and good luck,

auto



To: robert b furman who wrote (323)7/23/2001 12:43:53 PM
From: ken-l  Read Replies (1) | Respond to of 470
 
bob

i really dont like the current 'weak' rebound .... it seems like a setup for a further decline !!! the key trend line, which was trading @2020+/-, has been violated !!! i think compx will have a really hard time getting back above that trend line in the short term basis !!! if i have to guess, i think we may rise or trend sideway here to relief some of the excessive oversold sentiment in the 15 mins chart, then, it may descend lower to test the support between 1974-1966 this afternoon !!! it has already trended outta the bear wedge in the 15 mins chart, by the way ...

just a thought !!

regards,

auto