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To: AllansAlias who wrote (17948)	10/24/2001 3:57:05 PM
From: UnBelievable	Respond to of 209892

We Will Have No Decline Before Its Time. <gg> S T R E T C H

To: AllansAlias who wrote (17948)	10/24/2001 3:57:27 PM
From: Paul Shread	Respond to of 209892

none that I can see: briefing.com alot of economic stuff the next few days: briefing.com

To: AllansAlias who wrote (17948)	10/24/2001 4:00:41 PM
From: martin001	Read Replies (1) \| Respond to of 209892

No major tech companies at any rate. I havent check DOW components yet. I think Dow chemical and Chevron tomorrow AM. And also jobless claims. BTW Book to Bill was last night. Ratio was higher but both components declined. M

To: AllansAlias who wrote (17948)	10/24/2001 9:37:04 PM
From: The Freep	Read Replies (1) \| Respond to of 209892

Since this thread is all about trying to determine the future direction of things, I want to start by saying that the answer to the next poll question which you're about to pose is "down." Now, I'm trying to step back and see a bigger count on the Naz. Here's a simple chart, as it's the best I can do, cuz I'm pathetic: stockcharts.com[m,a]eaclyymy[pb50!b200][vc60][iUb14!La12,26,9] Is my following count possible/probable/laughable From the bottom, we're tracing out an ABC wave 4. The huge move up was the A, obviously. We're currently in the B which is, in turn, doing an abc of it's own (and I'd put us in the b which means we could even see a marginal new high for this move tomorrow, but then should start a C down, the brother leg to that nasty day last week). The thing is, after that, we'd still need a C leg up, and if it's in any way equivalent to that A leg, well. . . gosh. . . I just don't see how the Naz goes that high. Anyway, after that, we'd get the wave 5 down that so many are mumbling about, and that will finish off this leg of the bear. What surprises me about this count, if accurate, is that we'd still have more up to go, and I just don't quite know what prompts that. Then again, since the market's not going down on bad news right now, I don't know what prompts the next wave down, either. Anyway, I'd appreciate comments on this count, as I know it's similar to others that have been posed here (but not today or so, and I'm doing my part to get us back on the bigger timeframes, darn it). the freep

To: AllansAlias who wrote (17948)	10/24/2001 11:35:28 PM
From: martin001	Respond to of 209892

Another item that should be a market mover tomorrow Will be the ECB meeting and whether or not they cut rates. I imagine a rate cut will gap up us to a new high on the NAZ. I have been trying to think of a scenario that could drive the DOW and S&Ps to breakout to new highs and that maybe all the fuel that is needed. Otherwise we should start that 2nd leg down. I have been looking at QCOM as a possible short tomorrow regardless of market direction. Hit RSI overbought areas - where over the last 6 monthes it has sold off everytime. Possibly JNPR and those frigging insane storage stocks. I traded 'em long today but gotta believe that was close to a blow off move today. Course with these momos anything is possible. I still cant quite figure out the relative weakness in the SOX (insofar as it has not returned to preSept 11 levels) But looking at some charts it does look as if many of the components are poised to make triple top breaks. Having said that - I believe those will leaad any tech push. Hard to even think about FA in this liquidity driven market so I won't even bother mentioning how insane some of the price action is. Thank God I am not a fund manager as I would have a difficult time rationalizing buying any techs except for believing in the "next bigger fool" theory. Well enough mindless rambling - see ya all in the AM. M

To: AllansAlias who wrote (17948)	10/24/2001 11:37:45 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 209892

SPX The six bar pattern is complete Today's bar formation is a clear signal of new solid movement. Tomorrow will see a move higher...., but time is running out. Close Fibs.... .618 off 8/27....50% off 8/2.... .382 off 5/22 Also WTC resistence line RSI 5-12-14 are above 50 obv has a double bottom The SPX is up against fork median lines from 1/3/00 and 12/21/00 Also two upper tines are involvled. This whole area is constricted at 1100spx The next day is important to any run. Small pull-back or flat would be Okay...! But.., running out of time. Volume studies on the DJIA are showing a large move is setting up to get above recent highs and 9605. Cycle Low in place on the 22nd... Cycle high 11/15.... Spiral Structures are positive to carry the markets that far Chip