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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (50060)8/14/2002 4:08:47 PM
From: The Freep  Read Replies (1) of 209892
 
Heck, man. . . what is your favored at this point?

I note the following, non wave stuff: SPX coming up against that 924 area (highlighted by Sandspring). The BKX making damn close to a triple top, and I know how much you like those. Biotech's haven't regained the high, and SOX is not helping much (yet). Bonds fell and dollar rallied from about 1:30 today, EST.

Oh, and the VIX has fallen pretty much into the area where it says "Yo. Bears. YOU MISSED THE BOTTOM." Now. . .the VIX doesn't speak to tech, really, but it seems to me that this market would need to reverse to the downside VERY soon to keep the bearish scenarios alive. Our am I missing something?

the freep, lured back for the exciting day
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