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To: skinowski who wrote (138192)11/2/2006 1:35:24 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
Assume you think SPX "looking pretty", SNS, because it's falling..???...LOL

And is the lower line of a "regression channel" supposed to provide support..??



To: skinowski who wrote (138192)11/2/2006 1:36:04 PM
From: Moominoid  Respond to of 209892
 
It looks now that the overbought period is really coming to an end, but the next upwave will actually end it. The January rally played a similar role. Seems we are in an analogous period to late December 2005 or early January 2006.