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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Logain Ablar who wrote (38879)2/10/2003 3:32:31 AM
From: Johnny Canuck  Read Replies (2) | Respond to of 71282
 
Careful Tim,

My T2113 indicator indicates there is a lot more downside.
Only 46 percent of stocks are now one standard deviation below their 200 day EMA. It can go to 50 before it finds support. COMPX could fall to 1236 with a minor stop at 1276 before it finds significant support. The intra-day charts from Friday also indicate that a reversal is not imminent.