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To: jjstingray who wrote (60746)12/3/2002 4:19:08 PM
From: jimcav  Read Replies (1) | Respond to of 209892
 
Thats the same count I posted before jj...lets see if we get our 5 down first. If we do, as I said before, I will be looking to sell the next top for the brother leg (at a minimum) to this down, since we all know corrections don't go in 5's.



To: jjstingray who wrote (60746)12/3/2002 4:44:35 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
Yes I see a decent impulsive structure (in tech anyway). The largest concern for bears is:

1) Bearishness is rapidly emerging (seen the QQV over the last couple of weeks? If I just looked at that chart, I would think we had sold off since the 20th!)

2) There is a very bullish short-term count that has all the action since midday Nov 21 as an abc flat with us nearing the end here with this 'c' down. The way the QQV has behaved since then, everyone should keep this top of mind.