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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: da_cheif™ who wrote (761)	2/8/2002 12:18:10 AM
From: Chip McVickar	Read Replies (3) \| Respond to of 206837

looking at the S&P500 cash daily chart from 1982 gives an interesting view. The crash of 1987 and the recession 89-90 and the currency crisis of 98 are mear blips on the chart...., compared to the pattern in place today. since 1998 there's a massive chart formation and very well established. To be resolved in a couple of years. Some would call it an obvious head and shoulders -- others an obvious rounded top and a few a range bound basing pattern. Whatever it is....., it's big.

To: da_cheif™ who wrote (761)	2/8/2002 7:16:16 AM
From: moorso	Read Replies (1) \| Respond to of 206837

Looking at the data last night Chief, it looked like there wuz some decent 10 and 30 negative offsets starting to come off about tuesday or wednesday of next week, but cant recall how long of a string they were. I wunder if this is strong enuf to end the current corrective decline and start a new bull leg up. As I recall, similar offsets were also there in the ndx and semiconductors. Semis pp 3 dma are actually lower than where they were on 9/21, but have hooked at the bottom and just starting to turn up.