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Strategies & Market Trends : Classic TA Workplace

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To: marginmike who wrote (127952)1/11/2006 1:06:37 PM
From: ajtj99   of 209892
 
One scenario I've been watching (and has been pretty much nailing this trend since the lows last week) has us up pretty decent tomorrow (stalling at NDX 1759 today), consolidating sideways on Friday/Tuesday, up Wed, re-tracing 50% of Wed's advance on Thurs, and up on Friday.

No way we're going to hit Max Pain this month. The Brad could be on Friday as a high with this scenario. SMH could hit 43 next week, especially if INTC gets going.
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