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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (10094)	8/15/2001 7:01:52 PM
From: AllansAlias	Read Replies (1) of 209892

I got no recap JRI. Nothing at all of substance has happened since the weekend when I posted the SPX charts. Waterfall window is wide open still. New lows today are foreboding, but not nearly as bad as new lows in SPX would be. Non-tech is holding up the ship. Adding shorts here is not a good bet s-t. If you're already short, stay sold is my humble advice. Yes, we have more people looking down now, and all the wave 3/wave C bulls are tempering their outlook, but we are not there yet imo. Only 45 points or so away now from the bottom of the COMPX wedge.

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