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To: The Freep who wrote (12202)9/5/2001 11:31:07 PM
From: puborectalis  Read Replies (1) | Respond to of 209892
 
The rallies will be met with selling on every occasion as people try to unwind their tech positions and diversify.....obviously too late.



To: The Freep who wrote (12202)9/5/2001 11:40:32 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
Freepster, I'm not sure how much significance an H&S has coming off a bottom. I think it should come at a 'major' top to mean anything and even then I am skeptical of the pattern. Furthermore, if my Elliott count is right, we should have a rally sometime tomorrow completing what looks like a flat correction which should kill that pattern.

I defer to smarter people than me though as I am no classical chartist.