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

To: JRI who wrote (87280)	12/11/2003 10:53:24 AM
From: Shack	Respond to of 209892

One thing about real life, its sure time consuming.-g/ng If we are/just have been completing a "A" of an A-B-C....would one necessary have to see the euphoria of which you speak (or could it come on the end of C leg instead?) I have not registered bullish sentiment readings commensurate with even an interim top (such as Dec 2 2002). Notwithstanding the IIA and AAII of course. Do you see a decent trade (short) in here, with 1925-1930 (Soxx 495-500) as resistence? Am thinking on entering short if we approach those targets (enter bottom of range..stop shortly after top) I wouldn't do it for more than wiggle. So far the move off yesterday's lows is a straight shot with no structure. Personally I think the next decent trade is a long on a pullback. The short opportunity would be on the brother up wave. All IMO. I like COF short around here though, brother be damned. Also like MRK long in the $42.75-$42.85 area, the bottom of the recent week-long consolidation. Still riding the SBC long and am keeping an eye on SINA for long entry which appears to be starting a brother up to the Nov 19 move.