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Re: ajtj99 post# 3589

Tuesday, 07/08/2003 12:54:32 AM

Tuesday, July 08, 2003 12:54:32 AM

Post# of 148479
That makes sense to me. Today was horrific, but I stuck to my system, which kept me from getting stopped out by .01 on the close. I just can't have another day like today.

You mentioned something this morning about a trendline that went right under today's lows, around 30.96 on the Qs and my own 25-day trendline does exactly the same thing at a level right about where a minimum correction would expect to hit, so hopefully there's something to it. Interestingly, we ended today further above the long-term(200 day)trend than we have at any point since coming off the October lows.

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