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To: Les H who wrote (5018)1/21/2003 9:21:18 PM
From: Les H  Read Replies (1) | Respond to of 29602
 
two Dow views

stockcharts.com

stockcharts.com



To: Les H who wrote (5018)1/21/2003 10:16:28 PM
From: Return to Sender  Respond to of 29602
 
Les, great chart but if the head and shoulders formations we are seeing on the major indices actually is confirmed by the market breaking down we have a long way to fall to new lows.

Consider these charts:

investorshub.com

My point is simply that although we are oversold there are too many divergences here between bullish sentiment indicators and potential technical breakdowns for perhaps anything other than a short term bounce.

RtS