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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Arik T.G. who wrote (19719)	10/2/2002 11:00:03 AM
From: yard_man	Read Replies (1) \| Respond to of 36161

how do the large cap techs individually figure into your calculus here -- what if CSCO makes new lows and/or MSFT broke support -- would you still just look at the absence of a new low in the Comp and expect those targets? thanks

To: Arik T.G. who wrote (19719)	10/2/2002 11:26:25 AM
From: c.hinton	Read Replies (1) \| Respond to of 36161

Re s&p and nas IT highs; I dont know,and I dont trade,but I would be surprised if those IT highs were met,just too many ???? hanging, like that sword of Damocles, over our heads and I think the string holding it,like investors are a bit a fraid.

To: Arik T.G. who wrote (19719)	10/2/2002 12:17:47 PM
From: yard_man	Respond to of 36161

don't know how you count these individually, but they are really ugly stockcharts.com[m,a]daclyyay[de][pb50!b200][vc60][iUb14!La12,26,9]&pref=G stockcharts.com[m,a]daclyyay[de][pb50!b200][vc60][iUb14!La12,26,9]&pref=G stockcharts.com[m,a]daclyyay[df][pb50!b200][vc60][iUb14!La12,26,9]&pref=G guess all bottoms look rather ugly at some pt <g> CSCO is the only one that looks really oversold, IMO.

To: Arik T.G. who wrote (19719)	10/2/2002 5:27:13 PM
From: isopatch	Read Replies (1) \| Respond to of 36161

Arik. My work doesn't point to an IT rally in the broad market indices. ST, maybe we rally a bit more. Maybe not. Don't do that much ST work. But Intermediate Term? Looking for new lows in S&P cash & futures this quarter with lower lows in all the other major averages as well. My best to you and your family. Your input is always appreciated here. Iso