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To: Shack who wrote (32113)2/25/2002 10:35:13 AM
From: AllansAlias  Respond to of 209892
 
Quite a move by CAT. Jumped clean over the May/1999 DT line.

I fully expect XMI to get above that wedge. Dow is still under.



To: Shack who wrote (32113)2/25/2002 10:48:10 AM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
Remember when we were tracking BKX this fall? It was the ugliest up we could find and it gave over to ugly down.

The best read there off the top is that we did a 1orA down, and are now building a 2orB with a little more to come in the last up of that correction (i.e., the 'c' of 2orB).

So, what we would expect is a crushing decline in the banks soon for wave 3orC.

You agree with that read?


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