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Strategies & Market Trends : Classic TA Workplace

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To: Bull RidaH who wrote (8171)	7/26/2001 9:45:26 PM
From: The Freep	Read Replies (1) of 209892

Bull RidaH -- if I'm reading you correctly, you see the Naz rallying for a few more days, but the S+P petering out not terribly far from here (if it's not already done with its 5 waves up)? Then you have the S+P going into wave 3, which should be strong down. Yet you seem to have this happening while the naz is still rallying. It's always possible, I realize, but it's been a long time since we've seen that strong a divergence in the broader markets -- impulsive down in one with impulsive up in another. Does this give you pause or concern? Or am I misreading you? Thanks for the posts. . . the freep

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