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To: Shack who wrote (29624)1/30/2002 9:58:49 AM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
A good correction can kick in here if non-tech decides to join; up to now today it is lagging and I've not much interest in a long while it is so weak. XMI is at a critical test here with decent support close by. It is only a few points above the .382 retracement from the Sep lows.



To: Shack who wrote (29624)1/30/2002 10:02:21 AM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
Look at the test in GE. Go back to the 3/22/0 low and draw a horizontal line!



To: Shack who wrote (29624)1/30/2002 10:09:41 AM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
The sort of pump and failure we are seeing is the setup for a waterfall decline. Bulls have to step up here to precent a news-making fall.