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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (37748)	5/2/2002 4:23:58 PM
From: The Freep	Respond to of 209892

Smelly near support, and the BTK near that 410 bounce point again (and that index better bounce or it's really in deeper doo doo). The high put call wasn't matched by a high vix, but it was up on a day the dow was green. Non-tech really looked okay to me, frankly. Unemployment numbers before the open AND ISM services (at 10) tomorrow. Who knows. . . Dow may rally to da mooon here if can get out of its channel (and it's RIGHT there) and stay. The tech/non-tech divergence just keeps on keeping on. Max pain is higher in tech and non-tech, but there's still two weeks to go here, so anything can happen (and will). I'd try a long on a gap down, I think, but some of my favorite traders are showing nasty closes (QLGC under the 200 dma, SEBL with a new low, etc. etc.). Ah well, time to sleep on it, I guess. the freep