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To: GREENLAW4-7 who wrote (21194)4/1/2003 8:45:38 PM
From: t4texas  Respond to of 206131
 
why worry about 70 before 90 when the osx will have to close below about 83.50 soon before the 70 issue even arises? the osx is in an ever tightening trading range, and until it breaks i respect the uptrend line of the triangle from last october. after a breakdown in the trendline, you will have to worry about 78 before 70 also. until the trendlines are broken up or down it's better to respect the trendlines and bet they will hold (they usually do) than to make forecasts where the osx is going. since you don't have a position, you have nothing to worry about anyway.