back in march many folks (bulls) missed this inside double top on nasdaq at 1942-1946.....thats when the call was out for a "spring rally" looking for 2300......
that DT killed.....
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so now they have a shot at the sept closing low 1423....but we could have a similar setup like march with an inside DT that could be around 1426 or 1452 or even 1459 or 1486...
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still using INTC as a guide.....in that DT area still.....if it breaks out it has that gap at 22....man...would that be a gift to short that at 22....<gg>
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if INTC and CSCO hold their tops here i can see this rally as over.....
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if not watch for those inside DT on nasdaq that are easy to miss like the march top that fooled so many..... |
