Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: yard_man who wrote (47477)	7/25/2002 1:17:59 PM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

SOX being down so bloody much but other tech holding up better, makes one think about two conflicting outcomes: 1) SOX is leading the way and eventually tech will follow 2) SOX is getting washed-out and it'll all turn up soon Today is gone according to plan, too much so. Now comes the time in the day where I ponder how I'll get hosed. The alternative all along, as is always the case with this setups, is that the down that comes, while it looks right and is making you money, is not yet the move you are looking for. For tech, yesterday's up now look like only a 3-wave move, BUT, is that a complete correction or only the 'a' leg. If the latter, then today's down is but a 'b' and the correction will not end until we see a powerful 'c' up that will squeeze me a little.