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Strategies & Market Trends : Classic TA Workplace

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To: Paul Shread who wrote (19705)11/6/2001 5:53:35 PM
From: Shack  Read Replies (1) of 209892
 
Depends on what time frame you are talking Paul. I think the bear case is already in major jeopardy in the intermediate time frame but short-term, a sustained move above the May dt line on the COMP which is just a little above us here would put everything in doubt for me.

Yes 1934 or so would seriously hurt the scenario that we had impulsive down off the May top. I am actually in the camp that had the new lows in tech in Sept as an irregular 'b' low. Which is why I believe that entire down is so choppy.

What are your thoughts here?
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