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To: Sanjay Varma who wrote (2136)5/20/1999 4:33:00 PM
From: Thomas C (Hijacked)  Read Replies (1) | Respond to of 2902
 
Sanjay,

Very good point.. I should have included a little foot note that a symmetrical triangle does not have to break out to the upside, it could also be to the downside. The market simply has to make a decision about this.

113 Seems to be fairly strong support so today may have been a super buy opportunity.

We are really getting into the narrow part of the apex now though...somewhat like when you are up in your 110 degree F attic in the summer and you keep bumping your head on the overhead 2x4's with the nails in them...you just want to get out of there!!

We even did lower volume today than yesterday!

This really feels like "The Calm Before the storm"

Tom