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

To: ajtj99 who wrote (26178)	1/25/2003 6:28:58 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 30712

AJ: Good thoughts. I looked at the hourly this morning. I liked the daily better. The lower trend line is well established on the comp. and ndx with multiple touches but the upper trend line while nice is not as defined for me as we have had only one up day that stuck at the close. I really think the idea is to find the channel. So many downtrends have channeled down from important tops and so I think that chances are there is one to be found here.