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otraque

04/16/05 3:43 PM

#381244 RE: Ace Hanlon #381241

Yes, i am definitely going into this week not knowing.
Those that jump in long without a tight stop-loss do so at their own peril.

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otraque

04/16/05 4:09 PM

#381248 RE: Ace Hanlon #381241

This for me is as simple a way to pictorially display why i say a Bear Trend is now in place, it could last a year to two years.
The Red Line drawn here simply shows by the breakdown this week the above massive amount of people holding at higher levels are now OVERHANG.
One can see the Technical Breakdown occurred at the bottom side of highest price volume zone.
That is essentially why this week was majorly significant break point,imo.
http://stockcharts.com/def/servlet/SC.web?c=$compq,uu[f,a]daclyyay[df][pb50!b200!i!a2060!a1940][vc60...