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.

Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?

To: jjstingray who wrote (2356)	7/31/2002 4:08:21 PM
From: velociraptor_	Read Replies (1) \| Respond to of 10157

End of month ramo-o-rama strikes again. The late day rally looks like a C wave and tomorrow should be down. The low around 2:00pm this afternoon was a higher low for the DOW and S&P but a lower low for the Nasdaq and MSFT. That implies it was a b wave as a wave 2 pullback should not have dropped below the 10:45 am low in anything. That makes the rally at the end of the day a C wave with 5 of 3 of C complete. Should get a small pullback for 4 of C and then a small pop for 5 of C, probably in the first hour tomorrow. Then the drop.