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

To: jjstingray who wrote (114368)	3/5/2005 3:07:09 PM
From: The Freep	Read Replies (1) \| Respond to of 209892

JJ -- I agree that the weeklies aren't as hard to read as the dailies. Frankly, we could even see a weekly iii of some degree in tech, probably have to be led by the semis. I also still think it's possible there's a more bullish count in play than a wee 5th, though we certainly aren't seeing the strength yet to support that. And tech, at least, sure offers a clear "plummet" possibility. Still, it remains a "pick the setup" market, with the dominant trend still being up in my eyes, with tech on a much shorter leash. But if the S+P is going to 1300, I see little reason to expect tech to stay totally dormant.