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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (173825)	11/24/2008 2:47:53 PM
From: The Freep	Read Replies (2) of 209892

I viewed the semis as in the same beat up category, but certainly we're getting leadership from some beat up commodity sorts (I see AEM up 50% in three days, for example, and on great volume...unlike the rest of today's rally). One problem is that everything is so beat up it's kinda silly to talk about the "really" beat up stuff. What's more beaten than C, ya know? Anyway, I have no clarity in the wiggles or in the bigger picture so I can only say we need to see some structure rather than moonshots or depth plunges. Assuming we get a pullback at some point, it will be key to watch it, imo, for our first real clues. Right now, anything can happen... and anything can lead (except today... GOOG!)

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