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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (16167)	5/26/1998 4:12:00 PM
From: bobferg	Read Replies (1) \| Respond to of 68004

Judy, I'm short Dell but have no idea what the wave count is. I try to wave count the Dow but my primary use of Elliot wave is identifying corrective waves and their termination. I haven't a clue what that post is referring to, if you figure it out let me know. I don't follow PFE but it appears to be doing battle with it's 50dma and a minor uptrendline here at ~104ish. I am bearish due to SP500 earnings rolling over per Barron's page MW102. Hard to justify the multiples. What do you like short? I'm looking for ideas, was out of town last week and kinda lost touch with the flow.