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To: AllansAlias who wrote (70570)4/6/2003 11:26:55 AM
From: Moominoid  Respond to of 209892
 
The big flat seems the most likely scenario to me at the moment. So many tech stocks look like they should be going down rather than up and some indicators on the indices suggest the same (even the McClellan Summation IMHO), though there it is much harder to choose the direction....



To: AllansAlias who wrote (70570)4/6/2003 1:47:23 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
I still favour that tech is in the Jell-O off Dec 2. Again I am not sure what form it will take (flat/triangle or whatever). This move off the Feb 13/March 12 lows does not looks like a 'C' in very many tech stocks that I am following.

However check out BGEN for a stock that certainly looks like it is in a 'C' up. $50 seems very reachable there. I'd have no problem holding long there.