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

To: robert b furman who wrote (2101)	4/2/2002 11:01:25 AM
From: Chip McVickar	Respond to of 207126

Bob, This whole week is a TP and a turning point. Haven't worked out any TP's for today, but will get to it...! Good chance the mornings gap will be closed. Today could look a lot like yesterday and we have to hope the market stays strong in face of the many blunders of human nature. Yes degrading the Islam religion doesn't solve anything.... nor any religion for that matter....! Certainly the Catholics have their own special complications.

To: robert b furman who wrote (2101)	4/2/2002 11:47:21 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 207126

Bob, There was a TP at 10:00 this morning on the SPX, which marks the low There's another due at 11:45, but it sj=hould send the market down. Which it is doing. Test this mornings lows and then move....? Still looking..., there maybe more....!

To: robert b furman who wrote (2101)	4/2/2002 1:28:32 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 207126

>>Any TP coming in here.<< SPX has a TP at 2:45est off the 15min charts That's the last... So the dominant TP was at 11:40-45 and remains strong until that 1140.00 price is taken out. However the forward 15min up-forks lower tine was broken at 1138 and the next forward fork is pointing down and looking below the 3/26 bottom of 1131....or 1123± The DJIA RSI-5 has two bullish divergences back to back off the 60min chart and Don's 12RSI with 6period sma are positive with readings below 50 and coming off the 20 and 30's This suggests the 2:40-45 TP is "prime beef"....! I'll wait till then to take any longs.