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


To: Johnny Canuck who wrote (40808)3/10/2004 4:03:36 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 69325
 
Day 3 of the current sell off of the COMPX. I expect a bounce tomorrow or the day after.

Minor support is at 1984. The COMPX is pretty close to that.

A fifty percent re-tracement of the move from 1800 to 2153 is 1977. A break of that level leaves the COMPX open to a fall to 1800.