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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (48903)8/3/2002 5:17:07 PM
From: AllansAlias  Read Replies (1) of 209892
 
Yes, INTC daily is tres important. As for a possible bullish SOX wedge, it's premature to think about it imo.

Non-tech off the top is not clear. I'm gonna post a Dow chart later and I'm sticking with the 65% confidence that a new low is coming there as well. My short exposure is almost exclusively tech (only a little Tempest left as of Friday's close, and that's not really non-tech exposure anyway) and I am comfortable sticking with that and have done so for weeks since the MSFT break.

That Dow top is messy, count-wise. That rummy index puts in more messy , unreadable tops than anything else.
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