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To: Shack who wrote (24791)12/12/2001 9:50:46 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
I am just watching this morning. I see only two setups that could make me join the fray:

* lots of selling pressure with price only dribbling
* a nice breakout of these down-channels (that's a ways away for sure)



To: Shack who wrote (24791)12/12/2001 9:56:28 AM
From: At_The_Ask  Read Replies (2) | Respond to of 209892
 
Tech bulls are very complacent here.

Anyone care to opine on this triangle?
geocities.com



To: Shack who wrote (24791)12/12/2001 10:05:16 AM
From: AllansAlias  Respond to of 209892
 
Dispatch from the weeds...

Early days yet, but for tech, we just might be into a rather large coil off the top.

* First leg down off that Dec 6 high is most clearly a 3 wave move. [a] of a-b-c-d-e

* Yesterday gave us a 3 wave counter-move [b]

* Today would give us a wee leg down to go with yesterday's late decline to give that entire down move a 3 wave appearance. [c]

* A [d] and [e] would follow.

I will stop tracking this possibility if this morning's push doesn't stop very soon.