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Strategies & Market Trends : Classic TA Workplace

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To: marginmike who wrote (26576)1/3/2002 12:35:19 PM
From: AllansAlias  Read Replies (1) of 209892
 
Here's where we make the money now. Forget the train, it left the station and if one wasn't on board, then it's time to concentrate on the next train a shorting train.

As a rule, what we are seeing here is not how a decline begins. It may turn into one, but chances are that we are just pissing about doing some consolidation.

SOX keeps printing new highs as the larger tech world goes sideways. When it's ready to give, we'll have a nice short on our hands. It blew away my 569 target and just hit only 10 points off the high.

Not sure about the NDX ED -- SOX is still a nice candidate though with those marginal highs.
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