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Strategies & Market Trends : Classic TA Workplace

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To: The Freep who wrote (5764)	6/25/2001 9:13:46 PM
From: skinowski	Read Replies (1) of 209892

“So here's my question: is it possible that tech AND non-tech are about to start a wave 5 down?” I think this IS the real big question… I think one must remember that all major indices did rally impulsively from the March – April low’s, followed by what so far still looks clearly corrective. So, the benefit of the doubt should go to the bulls, and the ( C) in the NAZ more likely than not will happen. But your question is valid – until we have a conformation for the C, which is a pain to wait for, and I’m not even sure what would make up such a conformation. Will cross that bridge if and when... ;-)

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