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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (9034)	5/16/2003 10:59:21 AM
From: HairBall	Read Replies (2) \| Respond to of 207300

Kirk: Looking at the SMAverages, a 50/200 cross occurred in May of 2002 as well. I would look to see if OB/OS indicators line up in support of that crossing. You might also note that the 5/2002 crossing took place as the price action approached the 9/2000 FRL, which is what is currently occurring as well. I am anticipating a tradable pullback/retrace in here, before the price action moves above that FRL, IMO. I am expecting the COMPX's 3/2000 FRL (which has already provided support once) to hold again if the pullback results in a full blown retrace, a retrace that is overdue. Regards, LG PS: Thats all folks, got to run!