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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (119768)	6/2/2005 1:16:42 PM
From: The Freep	Read Replies (1) of 209892

well, MC, sox 445 is 2% or so higher from here, so that would put the SMH closer to 35.5 if it tracks in proportion. We'll see. Today not showing followthrough (marketwide) to yesterday's strong move, so maybe we are finally gonna get that pullback we keep hearing about. I know Shack is looking for more up here, at least in a few sectors, so we'll see. MMM showing signs of up? Could be. The count SKI posted could be right... or the C up could actually have been a 1 up after a failed 5th down of some sort. If Ski's count is right, it'll be starting a iii of 3 down here, but so far volume and price aren't confirming that. le freep

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