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ajtj99

04/18/03 9:23 AM

#99134 RE: Babylon #99114

LOL! Well, did anyone notice the SPX back tested the 200SMA support on the daily, and it held? If the COMP back tests the 200EMA and it holds, it's a signal that we could take out the triple top. If we don't hold the 200EMA on a close, we may just chop around some more before another assault on the top, IMO.

I have never liked the divergences present since February, and maybe the market can help solve all those divergences by blowing up in a 1-2 day wonder ramp later next week.