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marketmaven

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marketmaven

Re: M3 post# 264401

Thursday, 07/01/2004 11:55:42 AM

Thursday, July 01, 2004 11:55:42 AM

Post# of 704047
Yikes- Major Retrench Signalled

http://stockcharts.com/def/servlet/SC.pnf?c=$COMPQ,P

Pull up a 5 year weekly Naz chart and draw a trendline from the top of the 3/6/00 weekly candle to the 3/20/00 weekly candle. We tagged it on the nose yesterday. It's the last remaining downtrend line.

First test at 1950, then 1830- rally into October and then begin major selloff IMTO
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