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Strategies & Market Trends : Classic TA Workplace

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To: Paul Shread who wrote (16531)	10/15/2001 10:00:13 AM
From: AllansAlias	of 209892

re: Dow trendline out of lows Yes, it's right at it and holding for now. Anything short of taking out the low on Friday could be considered just a test. Looking at tech, the bullish count says we are doing a little 'c' down here to go with the 'b' rally on Friday. Might even go as low as 1640 to fill the gap from Thu morning. Anything lower than that and we have something more complicated (and bearish) than a simple 'flat'. SOX testing Friday's low here, so, downgrades be damned, one would expect a bounce now.

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