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To: JRI who wrote (21268)11/15/2001 11:19:06 AM
From: skinowski  Respond to of 209892
 
I don’t know the extent of the possible pullback… This ending formation (if it plays out) may also be ending a larger diagonal, which started in October (and which, I believe, this thread discussed many times).

Interestingly, if you draw a channel line along (basically) all the tops, that occurred in the rally since Sept.21, the last time this line was touched, was yesterday morning. If we get the little ending ‘e’ here, it will also have to deal with that important trendline.



To: JRI who wrote (21268)11/15/2001 11:20:52 AM
From: The Freep  Read Replies (2) | Respond to of 209892
 
No way.

That's what I have to say about the Naz ending the rally with a simple double top at 1922. It's tooooo easy. Can't happen that way. So there.

Now, if Allan were in charge today, I'd post some more stuff, but since JRI is in charge, I leave it at my above pithy observation.

the freep


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