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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (163300)	3/1/2008 2:19:03 PM
From: Shack	Read Replies (3) of 209892

Similar to that SPX hound, this is the bearish risk for tech using the $MSH off the 2002 low. Really nice price inflection with the upper line tells me that line does indeed mean "something". The entire ABC would complete a larger degree B wave (not labeled). The only issue I have with this scenario is it portends such huge down, down that does not jibe with this historically bearish sentiment we have:

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