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To: JRI who wrote (28059)1/14/2002 7:04:58 PM
From: Shack  Respond to of 209892
 
Its a decent inflection point but I don't see that much technically critical about that level. I've got a lot of congestion on the chart right down to 1500. We'll stop somewhere in between here and there.-g/ng.



To: JRI who wrote (28059)1/14/2002 9:55:41 PM
From: John Madarasz  Read Replies (1) | Respond to of 209892
 
Mark this down as "unequivocal distribution" day # 2 in the last 4 sessions

quote.yahoo.com^TV.O&d=5d

stockcharts.com[e,a]daclnyay[db][pf][vc60]

and no disrespect to shack who has probably forgotten more than i know, but fwiw 1582 on the NDX has ALOT more significance than just some weekly stick support and congestion from the summer of '01...

NDX Weekly 1-14-02

stockcharts.com

This is a dated chart from 6 weeks ago that sez it all...

stockcharts.com

Here's the chart from 11-21-01

stockcharts.com