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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lee who wrote (28766)	9/26/2001 11:42:55 AM
From: ajtj99	Read Replies (2) \| Respond to of 30051

We need to hold these levels right now. COMPX dropped to yesterday's lows, and NDX is getting close. If we drop below 1470 COMPX, I'm closing long positions. The chart is not looking too good, but I did expect a continuation of the sell-off from yesterday. The TRINQ, 60-minute, and 15-minute charts are all either reversing or in the process of reversing, so this bounce should last, and I believe it is the 3rd time we've touched this level since Monday. We should be looking up the rest of the day, IMO.