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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (86212)	11/20/2003 3:29:17 PM
From: The Freep	Read Replies (2) of 209892

Yes, MC, your count is toasted with new lows in the S+P and Dow. This is why I was curious about BRCM in the short term. If this whole mess over the last two 1/2 days was just a flat correction (as it surely appears to be in BRCM and maybe the whole market), tomorrow and Monday could be the meat of a 3 down. This is what I was trying to guage with all my ramblings yesterday about those 60 minute charts. Mind you, I never woulda figured we'd sell off this morning reverse hard and reverse the reversal. Then again, we did backtest the Naz wedgeline break. You would expect selling of a backtest. the freep

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