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To: At_The_Ask who wrote (28506)1/16/2002 5:38:12 PM
From: Les H  Read Replies (1) | Respond to of 209892
 
Pretty much everything sitting on double top base - NDX, OTC, PSE, and - a couple MSH, and PSE holding just above. If the bounce fails, the double tops' price targets approx the November 5 gap of 1745-60.



To: At_The_Ask who wrote (28506)1/16/2002 5:53:05 PM
From: Shack  Respond to of 209892
 
I agree. I often find NDX leads the breakdowns. COMP is still above. Sitting at 1932. My target for this down is 1932-1937.

Interesting that we gapped down over that Nov 21 rising support on the COMP. Simply built a back-test correction and then fell away from it. That trend is dead.

I have moved up the possibility that we have already topped although I expect the next rally to be nice.


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