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

To: Shack who wrote (62369)	12/30/2002 4:15:50 PM
From: At_The_Ask	Respond to of 209892

tyx has sort of a wedge thing going, you can look at it several ways but it seems to have closed right on the fifth down wave. Bradley turn today also. Like you I had some longs earlier but bailed on most for a scalp.

To: Shack who wrote (62369)	12/30/2002 4:18:43 PM
From: The Freep	Read Replies (2) \| Respond to of 209892

Bailing seems wise, Shack. I think today's lousy up off the low bodes ill. If we're seeing tax loss selling, I'd expect it to continue tomorrow (except in things I'm short, of course). Also, that lower BB on the QQQ/NDX/NAZ is tantalizingly close, and we might as well hit it for a better bounce. Tomorrow? Thursday? I dunno. Whenever folks decide to buy Semis again, we bounce, I guess. the freep