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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: Connor26 who wrote (110636)3/10/2004 11:50:35 PM
From: Tom Swift  Respond to of 208838
 
It seems reasonable to expect a bounce to the MA(20) on the COMPQ. Right now, that is 2038 which fits into a stairstep down pattern.

stockcharts.com[w,a]dhclyiay[dc][pd20,2!b20!b50!b200!f][vc60][iut!lb5!lh14,3!la12,26,9!ll14][J22852055,Y]&listNum=75

However, breaking those lines on the close bothers me, patterns tend not to repeat and the new one *could* be a strong downdraft.

I am waiting for the action at 1950 and watching the TRINQ.