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To: Henry J Costanzo who wrote (131395)3/28/2006 4:05:57 PM
From: The Freep  Read Replies (2) | Respond to of 209892
 
I dunno, MC. We might yo yo, as we usually do. But I don't see that count off the March 10 tech lows that you're talking about: if it's a C of 4 down, I'm not seeing it on the daily or the wiggles, to be honest. Not that it has to be this bearish or nutting, but I can make a much clearer case that the iii of C down in the NDX has just started. That'd make the rest of this week unpleasant on the long side in techland, and probably not thrilling in non-tech. SPX daily didn't break support at all, though, so that'd go to the yo-yo idea.

Guess we'll get a better idea tomorrow....

the freep