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To: elliottrules who wrote (100958)7/8/2004 5:59:31 PM
From: Shack  Respond to of 209892
 
The only sector I would play long here is the banks, and even that would only be short-term. They have held nicely here and may very well begin to put in that brother up to the May move.

But the breakdown in software and the Inuts is a real concern for tech.



To: elliottrules who wrote (100958)7/9/2004 7:51:35 AM
From: Jerry Olson  Read Replies (1) | Respond to of 209892
 
LOL

hmmmm did not think about that...

was thinking about the bottom of the NAZ print. fromn the Jan high at 2150 to here we have a full blown 10% correction...

thats the end of that...we rally today and all thru the summer...earnings season next week kicks it off...