To: orkrious who wrote (5784 ) 8/25/2002 11:56:20 AM From: Jeff Respond to of 30712 the ma's on the monthly are the 150 at 1431...and 200 at 1172.....stockcharts.com [h,a]maclyiay[d19940822,20020822][pb9!b13!b20!h.02,.20!b200!b150!b50!b100!b250!b225!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14!Lo15]&pref=G now you add in the 225 ma at 1072....and the 250ma at 988.... then throw up the retrace chart.....stockcharts.com [h,a]daclyiay[d19950213,19970208][pb9!b13!b20!h.02,.20!b200!b150!b50!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14!Lo15]&pref=G you can see how important those numbers are because as the nasdaq breaks these major trend lines....the 225ma and 250ma would be the last stand before the final washout to 700 if the retrace goes all the way.... now the spx "pierced" its 150ma...stockcharts.com [h,a]maclyiay[d19940822,20020822][pb9!b13!b20!h.02,.20!b200!b150!b50!b100!b250!b225!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14!Lo15]&pref=G if it follows a similar fate as nasdaq....it gets into its 150-200 channel at 659-784.... and the dow is always last to go....it just pierced its 100ma 7995......its 150 is at 6393....and its 200 is at 5342.....stockcharts.com [h,a]maclyiay[d19940822,20020822][pb9!b13!b20!h.02,.20!b200!b150!b50!b100!b250!b225!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14!Lo15]&pref=G so in the progression.....nasdaq first pierced its 150 in june.....then fell into the 150-200 channel.....spx next pierced its 150 in july at the same time dow pierced its 100ma.... so if the "pierce" is a sign of things to come.....next up in the retrace of the bubble would be nasdaq first to "pierce" its 200ma at the same time spx would fall into its 150-200 channel and dow would then threaten its 150ma.... you are watching the dismantling of a bubble and it just now has started to hit the major longterm trendlines.....and they are slowly breaking in the order described above..... and it started in june as nasdaq "pierced" its 150....so you will know the fate of the retrace if nasdaq "pierces" that 200 ma at 1172.....