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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (3206)	5/23/2001 10:23:54 AM
From: AllansAlias	of 209892

Yea, at this point it's a wee tad uglier than we'd like perhaps. Did you notice that non-tech stopped counting well during the last few days. Hmmm... COMPX smoked the trendline and is now just below 38.2% retrace for this latest move. NDX is now at 50% retrace. Again, we are at the point where technical failures will start to kick in, and I will not go long for anybody unless those failure reverse. Still a little ways from that state of affairs.

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