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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (20273)	11/8/2001 6:01:33 PM
From: ru2	Respond to of 209892

Hmmmm... after reading that I looked at a compx and qqq chart and noticed that on Compx the 200 day ma is flattening towards 2000 and if you lay a fib grid with the top at 2000 the gaps line up nicely with %68 ( bottom of Oct 10 gap ) and %32 retracement. The main down trend line on the weekly Compx chart looks like it will break just before that. I may have that wrong. My charting software is pretty crude.I think we pull back soon if today was not the top. IF they catch Bin Laden or destroy the Taliban without getting Bin Laden in the near future however, I don't find 2000 hard to believe after a pullback first. R