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Strategies & Market Trends : Classic TA Workplace

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To: jjstingray who wrote (82959)	9/26/2003 1:24:47 PM
From: The Freep	Read Replies (3) of 209892

Well, now JJ -- mc did say 60 minutes, not daily. Also, you just posted an A=C on the SOX which would also imply that we'd now be headed up (even though you see NDX 1280 as a given). Let's just say it's not totally clear yet <g> It'll be interesting to see how today closes. Perhaps the low today was the end of a 5 waver, in which case we correct. But it could just be the end of 3 down, with 4 and 5 to come, as the daily indicates? Banks never re-approached their daily low and are now minorly green. Who knows if they'll break down or not? And for deeper down in non-tech, they'll have to go. the freep

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