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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (4109)	6/4/2001 1:01:53 AM
From: Shack	Read Replies (1) \| Respond to of 209892

I found no errors on first glance but I'll check again.-g Nice work again, I like your thumbs Mr. Siskel. Interesting BTK chart. Confirms my suspicion that the reason the COMPQ was able to break the Sept dt line was due to the strength in this sector. A chart we don't talk too much about is the NWX. A big chunk of tech which is sucking bigtime lately. stockcharts.com[w,a]daclyimy[dc][pb10!b20!b50!b200][vc60][iUc20!La12,26,9!Lf!Lh8,3] Its wave 5 down looks like it could take us near the old lows.

To: AllansAlias who wrote (4109)	6/4/2001 6:51:37 AM
From: Clappy	Respond to of 209892

Save for the errors you'll find I hope. -g I thought I found one. But when I plugged the word "Favoured" into www.bablefish.com and used their Canadian to English translator I see that it was not an error...<g> Excellent analysis! $TRINQ, $CPC, $VIX, etc. seem to verify your statement about too many bulls think we are going to the moon. I just haven't noticed that same message board euphoria that we used to see. (as a recovering clown I notice these things...) These indicators seem to line up with a change in direction possibly today starting our 5 down (if it didn't already start Friday afternoon). If 5 begins today it would have to be a strong flush, no? The June 5&6 turn dates for the Naz are too close. When two turn dates fall one behind the other it usually indicates a trend change of significance. Therefore I would not think of a "b of 5" move up to be considered a strong trend change... It has to finish before the 6th. Unless the beginning of a 5 down starts June 5th. That could be considered a trend change of significance. The completion of 5 by June 6th would certainly be a strong trend change. Looking at the various indicators I would think this is favoured... -ClappyTheHoser P.S. Symmetrical Grub. Do I get a prize?