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To: JRI who wrote (9904)8/13/2001 9:43:48 AM
From: AllansAlias  Respond to of 209892
 
Yeah, there are some ninjas lined up here. On NDX, there is a very clear horiz level that has repelled price 3 or 4 times. It's around 1635. For COMPX, what I am tracking here is its down channel. The lower line was tested 4 times(!) and we push to the upper line this morning. Need to get above 1970 before it can be called a potential break.

Anyway, so far, aside from the SOX, we've not had a breakout of any significance. Let's see what the all-important 2nd push does (if it comes at all -- Grrrrrrr -g).

Very neat little triangle on XMI. Take a look at, say, a 10min chart.



To: JRI who wrote (9904)8/13/2001 9:48:36 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Smelly has to turn right here (594) It is probing under the DT line that it broke thru this morning on the GS pump. A failure would signify something really amiss here for the equity bulls.