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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (15739)2/22/2002 2:18:47 PM
From: J.B.C.  Read Replies (1) | Respond to of 23786
 
I was also seeing a lot of bear piling on's, kind of reminded me of the bullish atmosphere of march 2000. We're due for a little short covering pop. In addition Don Sew smelling a Class 1 buy. May also close my USPIX at eod, I'll be watching it.

Jim



To: Jorj X Mckie who wrote (15739)2/22/2002 3:44:59 PM
From: Doppler  Read Replies (1) | Respond to of 23786
 
If my read of KLAC is right using Elliot Waves is right then I am thinking about 57.75 should be the top for the next KLAC run. I will be using stochastics and Carpino's cycles however as cross references. I think KLAC is entering a 4th wave of a 5 wave move. The bottom of the first wave was about 57.75-58.00 and since wave 4's can never overlap wave 1's then it should not go above that or my read is wrong. (wouldn't be the first time though) :-)