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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (1317)	4/30/2001 9:50:41 AM
From: AllansAlias	Read Replies (2) of 209892

We are presently up into the gap made by the gap-down open of the 23rd on COMPX only (i.e., not NDX). The trash has been leading the NASDAQ for some time now. If, if, COMPX gets to 2130, I will consider more strongly the possibility that this move is impulsive. Here's an alternate I've been watching since Friday: wave 1 -- the move that began off the Apr 26 lows late in the day wave 2 -- everything up to this past Friday's lows wave 3 -- now Getting to 2130 would be 1.68 times the wave 1.

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