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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (48911)8/3/2002 5:51:36 PM
From: Shack  Read Replies (2) of 209892
 
Agreed on the crappy DOW tops. RUMX looks a little clearer here and I favour we are into a decent correction at least. Still see new lows in tech over the next week or so, this it would fit.

marketswing.com

I am also paying heed to Carpino's calls of late which has a low around the 9th or 12th. Throw on that commercial short-covering in the SPX, the lack of new calls being opened in tech and I am not that bearish right here. ALthough the wiggle play for now is still on short side at least until new highs in the VXN/QQV.

All IMO of course.
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