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Re: frankp3 post# 2991

Friday, 07/30/2004 5:01:02 PM

Friday, July 30, 2004 5:01:02 PM

Post# of 51804
Frank: ED/TD


The NAZ looks a little stronger than the DOW. It could be a very quick rotation from Blue Chips to Techs. Wave D looks disproportional and should probably drop one day before wave E starts.

The DOW looks more and more like and ED. Wave D was today, a descending triangle. The wave D triangle looks disproportional compared to wave B, The late day rally could have ended in the after hours.

Getting close to a big market reversal.


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