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

To: Shack who wrote (78581)	8/6/2003 7:46:16 PM
From: ajtj99	Read Replies (2) \| Respond to of 209892

Well, this SOX 60-minute chart suggests it should get a lower low tomorrow: stockcharts.com[h,a]eaclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G 367-369 is what I'd expect for the SOX, which is about a 3-1/2% drop. If the BTK doesn't hold up a bit, that would bring 1193-1197 NDX into play. The BTK looks nearly done dropping, and the 414 (by my memory) low should hold this test: stockcharts.com[h,a]eaclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G If the BTK holds up a bit, we might not have as much carnage.