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To: The Freep who wrote (16862)10/17/2001 2:01:33 PM
From: Perspective  Read Replies (2) | Respond to of 209892
 
Not reading non-tech right now. We should wrap up this downward impulse with a touch of the top of the NDX gap, around 1335. That would be a good spot for corrective up before giving up the gap. Another target would be the bottom of the gap. I won't play the long side, but short-term shorts might cover at either point and watch for an upward correction to re-enter.

Remember, if this count is on, the next wave down will be the truly impressive one. This is multi-day, maybe multi-week down we've entered.

BC