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To: Henry J Costanzo who wrote (100321)6/30/2004 4:03:16 PM
From: jjstingray  Respond to of 209892
 
STJ a screaming buy here. That move up violated any impulsive move down off of the most recent top, so I would say it is bullish.

Changed the chart from an impulse down to an ABC. I think you have to wait for the break of the top line, just to be safe.

stockcharts.com[h,a]dhclyyay[dc][pb200!f][vc60][ilb5!lb14!lh5,5!li10,10!lp14,3,3!ld20!la12,26,9!ll14!lg][j31327329,y]&listNum=1



To: Henry J Costanzo who wrote (100321)6/30/2004 4:09:42 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
The index got rejected by that line again near the close. Tomorrow will be very key IMO.


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