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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (135310)	8/8/2006 7:56:14 PM
From: The Freep	Read Replies (4) of 209892

Why 1275, though? Why couldn't today's move down be the 1/i of something? Then the high of today becomes the only way we know that we're not heading down sharply? CSCO will likely gap up, but can it do anything for non-networking tech? I think ikt's Ray who's been talking of a networking bottom, and my suspicion would be that IF we have a networking bottom, we probably aren't plunging terribly hard on the naz. But then again, if that bottom call is one wave early....

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