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

To: anon.10 who wrote (100772)	7/7/2004 11:56:38 AM
From: JWest0926	Respond to of 209892

I try not to forecast LT. it never works. All I see is right now we are 4 of 3 of 5 down, may finish down this week. Watch structure of the rally from there. my expectation is corrective only, but should be be up sharply, have to respect a bull count. If rally is only corrective, then we are part of a larger 5 down, and the 3 down would begin next potentially a couple weeks away. Most of my longs weak today. exception PDVN, DVN, BGO, VASC. Added PD, orders on vlccf, omni, imx should they show strength. most likely will add to shortfunds today aswell. JW