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To: augieboo who wrote (53447)9/16/2002 8:31:18 PM
From: Shack  Respond to of 209892
 
No problem augie, I was very unclear in the original post but AA and I were discussing the NDX. We should have indicated that in the posts

As for the larger time frames, as I mentioned last week, the two dominant charts for me are:

1)The SOX which fell impulsively out of that nice wedge on the 12th and portends lower lows.

2)The BKX which looks to be retesting the broken H&S.

The TA still says down. A gap up will give option writers a nice place to hedge for expiration but I stil see more down coming.