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To: epicure who wrote (53449)9/21/1998 3:03:00 PM
From: donald sew  Read Replies (1) | Respond to of 58727
 
X,

>>>>>> will we have an afternoon rush for the exits? I notice the bear flag on the daily chart is still in tact- would still be in tact even if we had another run at 8100. The tighter coiled it gets the more explosive the move, isn't that generally the case? <<<<<<<<<

Hey, I dont have a crytal ball.

But you are correct that the BEAR FLAG is still intact.

Not sure what you mean by coil - presume you mean a reduction in the trading range like a triangle heading towards an apex. If that is what you mean then yes the result can be explosive.

Seeya