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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (59090)	11/9/2002 4:50:20 PM
From: nspolar	Read Replies (1) of 209892

Shack, re the SOX, how have you concluded the top of the A wave is in? This move from the Oct bottom to recent highs looks like one wave to me. Guess I think the top of A is higher and a ways out yet. I would suspect it to be 5 wave affair and we are in the 2. I also think one should be able to count 5 little waves in the 1, and I think I do. All in all I'm looking for a huge ABC in the SOX, over the next several months, before the next tank job. There are lots of bears around and it appears to me like they let their bearish outlook influence their counting (not saying you do). I don't see that other tech TA fundamentals have went into the toilet yet either, rather I see them suggesting this is dip one might want to buy. stockcharts.com[l,a]daclyiay[dc][pb50!b200][vc60][iUe12,26,9!Uh14,3]&pref=G

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