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To: Chris G. who wrote (50782)8/20/2002 11:42:50 AM
From: rgjack  Respond to of 209892
 
Yesterday I also noticed BTK was weak while BKX was equally strong - today is the reverse.... keeping the market more or less sideways by shifting the same money from one to the other and risking little.



To: Chris G. who wrote (50782)8/20/2002 1:50:39 PM
From: augieboo  Read Replies (2) | Respond to of 209892
 
Chris, BTK is bumping up against big-time resistance from a very large descending triangle (on both the weekly and monthly charts). Here is the weekly, which shows what I'm talking about:

home.pacbell.net

Yesterday it bounced off the resistance, and today it is running back up toward it. Don't know when or if it will be able to get over it though, and until that is settled, I'm staying away from bios.

HTH,

augie


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