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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: SpinCity1 who wrote (40096)1/16/2002 12:31:54 PM
From: KevinMark  Read Replies (1) | Respond to of 208838
 
1930



To: SpinCity1 who wrote (40096)1/16/2002 1:14:50 PM
From: SirRealist  Respond to of 208838
 
I charted 1940 a week ago. I've seen other folks say 1930 and 1935. There are gap closes at 1918 and 1904. And the 50dma is right around 1950.

But what I based my 1940 on is the uptrend channel off the 10/18 bottom. Because any charting has a modest area of variance, I can easily see a diff of 10 pts from my 1940, so 1930-1950 should be the range to expect a rebound in..... UNLESS the rally is over for now. Anything lower than this range sends us into a longer term bear trend and there's no clear limit where that could go until the parameters of such a downtrend channel get established.