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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (81005)	9/10/2003 11:23:46 AM
From: The Freep	Read Replies (3) of 209892

Boy, Shack, I gotta know -- is there anything, anywhere you see as bearish? I can't ever recall seeing you so adamant in one direction. FWIW, here's a couple minor bearish or potentially things for moi. AFFX. broke out of what everyone here agreed was a very bullish formation, and now may be backtesting it... but it's a very strong backtest that needs to reverse or could be failure. (No AFFX isn't the market.). What of MMM flopping through its 50 dma for the first time in months? BAC in a serious downtrend? AMGN, despite the bio rampage, has done diddly. DNA, which jj had as a bullish pattern yesterday, has fallen hard. I guess timeframe becomes key here. You'd say we're still pointed up, but this might be a bigger correction? Or are you thinking it's done today or so, and off we go? the freep

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