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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (126873)12/9/2005 9:26:55 AM
From: Rarebird   of 209892
 
>>Why again are we expecting a gap down in the first place? INTC stunk up the joint? I just checked the futures and they are flat to up.>>

Intel lowering sales estimates was already widely anticipated. All one had to do was look at the nice declines over the previous 4 sessions. Black Crows all over the place. For every loser of market share there is a winner like AMD

These markets are just consolidating and bidding there time for the next leg higher. The only question is not if but what day over the next 7 sessions do we begin the advance.
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