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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (135762)8/17/2006 12:58:18 AM
From: steve from ihub  Read Replies (1) of 209892
 
hey ski you always seem to have great inputs to my questions. in your experience what does one do/look for as an outcome when you have indexes like tech and the spx/oex that are acting totally different. i have no problem seeing non tech going back to the highs, but give tech no chance what so ever of doing so. that said tech is very strong on this bounce.

my plan at this point is to see what stops going up first and look for clues that it might be petering out. the plan all along has been to short tech after this move up petered out

now that i have babbled incoherently, i will be more concise and ask what would you look for as signs this has run its course and its time for the dark side again?
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