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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Techplayer who wrote (11088)	11/1/2002 8:08:50 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 57110

Well, last week I said that I felt that this looked like the April 2001 rally, it turns out that the current VXN weekly chart structure is very similar. stockcharts.com[r,a]whclynay[d20000801,20021101][pb50!b200!d20,2][iub14!la12,26,9!lk14!lp14,3,3!le12,26,9][J7937991,Y]&listNum=1 It implies that we do have a blow off top coming on the naz. stockcharts.com[r,a]whclynay[d20000801,20021101][pb50!b200!d20,2][iub14!la12,26,9!lk14!lp14,3,3!le12,26,9][J7938420,Y]&listNum=1 On the April 2001 rally, it took 6 weeks to get to the point we are at now that took 4 weeks. Therefore I would expect next week to be it for the rally.