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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (11501)10/18/2002 9:42:11 AM
From: Berk  Read Replies (1) | Respond to of 30712
 
I don't believe that this was posted here but it has some good observations it it. Nothing about the retrace per se, more about the environment of the market now (thanks to Warpfactor for pointing it out)
Message 18128918



To: Justa Werkenstiff who wrote (11501)10/19/2002 9:19:03 PM
From: Michael  Read Replies (2) | Respond to of 30712
 
Justa,

stockcharts.com[w,a]waclyyay[pb50!b200!f][vc60][iUp14,3,3!La12,26,9]&pref=G

If my memory serves me well, this chart is yours. its the ratio of the SOX to the COMP. You posted it a while back. At that time it showed a pretty strong support line stretching all the way back to 99.

Since then this has been broken very convincingly. Was wondering if you have an updated view on this.

thanks

Mike