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To: Les H who wrote (137438)12/6/2001 1:10:21 PM
From: J. P.  Respond to of 436258
 
Major overhead resistance on techs.

stockcharts.com[m,a]daclyymy[d19990701,20011231][pb50!b200!i][vc60][iUi14,3!Lh14,3!Lk14]

Going to take a lot of liquidity pumping and another 100 basis point rate cut to get another gravity defying to the sky rally. Remember the 1999 high altitude summer pump of the Nasdaq was with no overhead resistance.

I wonder why the Fed just can't let the thing settle and back and fill.



To: Les H who wrote (137438)12/6/2001 1:38:37 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
thanks for both -- very nice --

the 1st one looks like a function from my early math classes

1/x * sin 1/x

Will be interesting to see how it resolves itself in the coming months.

It is also nice complement to Mr. Newman's work on DTV.


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