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

To: AllansAlias who wrote (51242)	8/26/2002 3:50:34 PM
From: Paul Shread	Read Replies (1) \| Respond to of 209892

That 1350 TICK had me wondering.

To: AllansAlias who wrote (51242)	8/26/2002 11:20:09 PM
From: Shack	Read Replies (1) \| Respond to of 209892

Well I caught up on quite a few message boards and I see very little belief that we can head down here. However Softie looks quite bearish to me. Looks like it crawled back into our large triangle from May/June and then it looks like we gapped down out of it on Friday in island reversal reversal fashion on the 120-min (apologies if this has already been discussed). Its also certainly a wedge as it stands. However I am not really putting much stock in breakouts/breakdowns right now because of the pitiful volume. But I can't bet on down with the small specs still short the nq-mini. Today's tech strength was lead by the NWX and not the SOX, never a bullish sign IMO.