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To: Perspective who wrote (47857)7/27/2002 12:47:25 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Thanks for that BC. Great post.

(BTW, for folks who have not yet figured it out, this guy's posts should be read carefully.)

It is hard to keep looking down from here, but I am. My only proviso at this point is that I do not understand why folks are eager to enter new trades in non-tech. That could easily wiggle around for another few weeks. I prefer to let it build some structure. If I HAD to trade it, it would be short, but with a 60% level of confidence, I stay away.

I am more confident in tech needing a flush and was just as confident at EOD on the big ramp this week.

BTW, I do not think the H&S on the Dow is actually a H&S. Until price proves me a fool, I do believe in the SPX H&S.

(fwiw, a recent N225 chart:
angelfire.com



To: Perspective who wrote (47857)7/27/2002 1:10:44 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Sorry, here is that N225 chart I meant to post. I know some of the folks here don't follow it.

angelfire.com



To: Perspective who wrote (47857)7/27/2002 3:05:07 PM
From: CharlieChina  Respond to of 209892
 
true...

Message 17802247