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To: Henry J Costanzo who wrote (139886)1/3/2007 8:48:50 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
Man, cruised a pile of charts tonight and there is not a lot out there I would buy despite the tech wedges. I think whatever rally emerges (if any) will not be broad or strong.

I wonder if QCOM is a good clue, that stock is a corrective mess since its summer lows. While it may chop up a few bucks in the next few weeks to a new swing high off those lows (and I actually favour that), that thing looks like a big nasty brother down will come soon to go with the one off the May high.