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

To: Henry J Costanzo who wrote (113673)	2/15/2005 3:41:18 PM
From: The Freep	Read Replies (2) \| Respond to of 209892

Well, RSI 14, which I was watching on the SPX, isn't down, so far as I can see. Perhaps shorter term? Longer term? The eye of the beholder and all that. Hey, i was saying we're due a pullback, particularly in non-tech. I just see that today's sharp drop looks 3 wavish down in the wiggliest timeframes I can find, so if that's the case, we could easily still be pointed up. And in the daily timeframe... nothing bearish going on that I could spot that says we need to rest that much here. It has been a fine fine run in non-tech off that Jan 24 low, so a breather couldn't hurt. We'll see.... The Freep (who has now contrarily guaranteed AMAT announcing that they have NO business anymore)