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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (25430)12/17/2001 9:05:15 PM
From: JRI  Read Replies (2) of 209892
 
Shack, AA-

Having been distracted many days now, I'm a little lost about where we stand on your short-term counts (COMP, NDX and/or SOXX)...any help appreciated.

Am of 2 minds here...can see potential big roadblock if we try to re-enter broken wedge (where do you guys put that...looks like 2030 or so to me). A lot of folks targeting the NDX 1660/COMP 2013 area first..

However, looks like we already above any potential "1" low from last week anyway (or will be very soon)...so am having difficulty seeing what kind of corrective up we have here (last couple sessions), if indeed that's what it is...

Under what potential wave scenario could the high from last week be THE high?
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