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mjk

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Alias Born 07/19/2002

mjk

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Re: positiontrader post# 14153

Wednesday, 03/10/2004 7:05:34 PM

Wednesday, March 10, 2004 7:05:34 PM

Post# of 36151
Yeah, that would get the 200 day, a possibility. But I do think we bounce right here, I just can't figure out now that we solidly broke the 100 day, how I can get away with thinking this is a major bottom, with the 200 day sitting so close. I'm going to have to look this over a bit. I've been saying 1955-65 would need to be hit for two months now since we left that area in Dec, but I thought that would line up with getting the 100 day, and now that it hasn't, I've got to respect the 200 day possibility. Like wahz, I think the 200 day scenario could lead to a long consolidation, not a huge rally that some are calling for. So I'm rooting for a bounce here, and new highs in April-May, just don't know how it can happen yet.

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