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

To: Shack who wrote (124136)	9/16/2005 2:53:33 PM
From: Galirayo	Read Replies (1) \| Respond to of 209892

A few days ago I was ready to bet. And now ... I think this Market is becoming a Meat Grinder. A typical September Sausage Maker. Message 21709154 Bring on the Oktober Fest !! <g>

To: Shack who wrote (124136)	9/16/2005 3:19:50 PM
From: Henry J Costanzo	Read Replies (1) \| Respond to of 209892

Sox......As I said the other night, I certainly wouldn't exclude that minor (c) down you're talking about. For the nonce (g), however, retaining confidence in the support available from the 50d MA here....which in fact has held things fairly nicely since the 12:11 low at 469.22..(and note that SMH and GSM have outperformed SOXie by quite a bit today)..... I don't THINK there's anything in the wiggle wave structure since the 8/16 bottom which would militate against my scenario...but, of course, would defer to you on that...