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Strategies & Market Trends : Classic TA Workplace

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To: Shack who started this subject9/6/2001 11:17:17 PM
From: morokko65  Read Replies (2) of 209892
 
Allan: NEC down Friday in Tokyo, no INTC bounce there

I think a bounce may be in the works though, descending wedge may lead to a bounce up to 1770-1780.

I guess the obvious question is what happens after a retest of April...

We could get the mother of all sucker rallies back up to Fib 1890 or 2000 or even 2200-2300. Still think its going to take Naz 950 to wash everyone out, but that view is becoming more common and may indicate we get a turn soon.

I wish you could get a chart of CNBC ad revenue to overlay the Naz

Still looking for ORCL to hit $5; CSCO to $8 before this is over
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