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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (29733)	3/24/1999 3:50:00 PM
From: Alastair McIntosh	Read Replies (1) \| Respond to of 31646

JDN, with regard to your positive thoughts on the small and mid-caps you may want to look at: decisionpoint.com Based on TA, this is a very negative chart. The chart has formed a classic head and shoulders starting last November. Just yesterday the index broke below what's called the neckline or support zone. Once the market breaks below the neckline it generally rallies back towards the neckline which becomes resistance and then resumes its decline. Based on this pattern the Russell could be headed back towards the October low. Al (the bear) P.S. Of course, if you don't believe in T.A. this is all mumbo-jumbo and should be treated as such. We'll see.