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

To: JRI who wrote (10657)	8/21/2001 11:29:32 PM
From: Shack	Respond to of 209892

Well no matter what the bears say, the count on the COMP, (whatever the hell it is) is still showing short-term corrective. If I play this market long anytime soon, it will be in the QQQ, not the OEX or the DJX. The bearishness in tech is much more pronounced than in non-tech and that is why I play the DOW short (much better near term bear count there too) and tech long. I also have a count which has the April 4-Mar 22 rally in the COMPQ as a 3-count, not a 5-count which infers that we could have a flat on our hands. Watch for the marginal new low for the 'B' there. You wanna talk about gnashing teeth! Peace Out! Shack (drunk in Florida)