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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (62854)1/6/2003 5:39:09 PM
From: The Freep  Read Replies (3) of 209892
 
Allan -- in view of what you've posted recently... what is your count here? This the end of a C up? Perhaps the 3 of C, with a correction (4) and then a lot of stocks painting that one more high? And do you have a similar count for non-tech?

For me... the S+P is once again within whispering distance of that neckline and trendline, too. Banks are rock solid. Again, it's a critical juncture. My new favored has become a brief pause here then one more try for the highs by the middle of the month. But there are certainly more reasons for down here than for up vis a vis FA and GPA (global political analysis). Those probably have little to do with the short term moves, though, until inciting events (warnings, war/no war).

the freep, hoping you aren't yet back at work
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