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To: JRI who wrote (221810)2/16/2003 8:40:53 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
JR, I follow the dailies...IMO we took out a big wedge on the COMP that started at the mid January highs. We also put in a nifty reversal stick and made an incomplete morning star. We were moderately oversold. Sentiment isn't really conducive to a huge move, but nobody said it's gotta all be perfect. I wouldn't be at all surprised to see us get to the 200 day MA on the comp before we're done....

stockcharts.com[h,a]daclyyay[db][pb50!b200!f][vc60][iUb14!La12,26,9]&pref=G

Same wedge is present on the SPX:

stockcharts.com[h,a]daclyyay[db][pb50!b200!f][vc60][iUb14!La12,26,9]&pref=G