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To: Shack who wrote (8181)7/26/2001 11:57:26 PM
From: marginmike  Read Replies (1) | Respond to of 209892
 
Qcom seems to be taking the lead. I ve seen Qcom drag the whole index singlehadidly. dont think that the wireless plays can beat the drums of a rally here.



To: Shack who wrote (8181)7/27/2001 12:04:07 AM
From: velociraptor_  Respond to of 209892
 
The litmus test for the Nas and the DOW is the peak of the assumed wave 1 of 3. If those are broken to the down side on a retrace, then the wave 3 extension theory is kaput. These levels are 10,410 for the DOW and 1998 for the Nasdaq. If they hold as support on a retrace, then BR's scenario could be true.


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