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Strategies & Market Trends : Classic TA Workplace

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To: Perspective who wrote (9870)	8/12/2001 6:16:29 PM
From: AllansAlias	Read Replies (1) of 209892

Yes, the bearish count sees the bounce on Friday as part of wave 2 of 3, with 3 of 3 pending! This would see us heading hard down before options expiry. I love it when we see such a huge OI in calls or puts like we saw last week and the week before (in calls) when the Clowntronic 2000* was reporting that only 9 people on the planet were not long tech. It may not come to pass, but it is only responsible for folks to take long money off the table when a count allows for a 3 of 3 down. *http://www.siliconinvestor.com/readmsg.aspx?msgid=16156318

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