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To: JRI who wrote (16708)10/16/2001 2:28:38 PM
From: AllansAlias  Respond to of 209892
 
If it falls out of the wedge by more than a few points, then damn the scenario, it'll be bearish.

BTW, the wedge is barely a wedge on COMPX (almost a channel), but is more clearly a wedge on NDX.

The bear in me likes the fact that they are buying INTC into the announcement, although it sures looks like it needs to tag a new high there. Gap up?

Slipping now and 1698 on COMPX would have to hold. ES should want to hold 1089. If they don't, then "look out below" imo.


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