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

To: The Freep who wrote (51633)	8/28/2002 11:44:59 PM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

Look. Semi's are cooked. They are not pointed up. They will make new lows, of that I have little doubt. It might not be as soon as we like, but they will get there. Biotech has had a promising breakdown, but now it is at the .382 retracement and the channel line out of the lows. That should want to bounce soon. Look at MSFT. Short of a gap down tomorrow, that thing will want to bounce. What, it's gonna just fall back into that channel from the January highs? That breakout was not easy, and bear market rally or not, it ain't gonna want to fall back in lickety-split. What have we got off the top in tech? This is an Elliott board for gawd's sake. What's the count for NDX/COMPX/QQQ off the top?