COMPX <----- The Adjusted 1974 Rising Support Line is coming into play at around the 1200 mark. In addition, the 1997 low which occurred in April of that year (1194.16) is coming into play as well.
The decline acceleration that began around noon ET today is likely to push prices into this range. This would be a good place for a tradable bounce and likely a medium term bottom. The "I get paid for my stuff guru" that predicted a low for today may have been spot on...gg
Regards, LG
PS: I am having trouble with my DSL line and my computers this week (and last week). It is causing me to really have to focus on my trading and reduce my online participation. I either have a bug in my network or Bill Gates climbed into my network when I loaded the XP version of Front Page last week onto my primary trading computer. I am still using Windows ME. My computers have been misbehaving since....ng
Since I am changing one of my trading platforms, I am considering reformatting and reloading from scratch all my computers in the next few days. This will take me off line for a day or three.