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To: John Madarasz who wrote (17762)10/23/2001 8:08:57 PM
From: JRI  Read Replies (3) | Respond to of 209892
 
Welcome back, iron man....you got any near-term thoughts here? I see failure coming (pretty good down), but its unclear to me if it comes in a day, a few days, or another week or so....

P/c's starting to look scrumpdilicious again!!!



To: John Madarasz who wrote (17762)10/24/2001 8:15:33 AM
From: Paul Shread  Read Replies (2) | Respond to of 209892
 
I've seen examples of flags forming off gaps in E&M. Just thought it was interesting that yesterday's high formed a nice channel on the Nasdaq. Sure seems like it doesn't want to go down, and it's consolidating near the highs.

But with declining volume and PC ratio, another trip down to that lower channel line is a good possibility.


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