WDB CLBING AFTER TKOF HAS TCASII TA. RA NEVER ACTIVATED. WENT THROUGH 00 INDICATING ON SCREEN.

Narrative

ABQ TWR CLRED FLT FOR TKOF; R TURN AFTER TKOF TO 310 DEGS; CLB TO 8000 FT. AFTER FULL PWR TKOF AT RWY 17; I STARTED A R TURN AND AT 6000 FT; FLAPS WERE RETRACTED FROM 10 DEGS TO 4 DEGS WHILE CLBING WITH A 15 DEG BANK TURN. PWR WAS EASED OFF TO KEEP UNDER 7000 DEGS AND AT 'REF' 60 TURN WAS TIGHTENED AND CLB CONTINUED WITH 4 DEGS FLAPS. TWR REQUESTED US TO EXPEDITE CLB ACCOUNT OF TFC. DURING THIS TIME MY ATTN WAS PRIMARILY TO PROCEDURAL COCKPIT DUTIES. WHILE TURNING THROUGH APPROX A W HDG; AT ABOUT 7000 FT. THE TCASII CALLED 'TFC; TFC.' I GLANCED AT TCASII AND THE AMBER DOT WAS ABOUT 1 O'CLOCK; 3 MI AND PLUS 03. I WENT IMMEDIATELY TO PLUS 02 AND CLOSING TO 2 MI. I LOOKED ALTERNATELY FOR THE TFC AND TCASII; WHICH QUICKLY CLOSED TO PLUS 01 AND 1 MI AN THEN 0 AS THE DOT WENT THROUGH OUR POS. TFC WAS OBSERVED VISUALLY BY THE FO AND SIMULTANEOUSLY BY ANOTHER AIRLINE JUMP SEAT OBSERVER AT ABOUT 1 1/2 MI OR LESS. FLT ENGINEER NEVER SAW THE TFC. TCASII NEVER GAVE AN 'RA' I NEVER SAW THE TFC. THE SOLE FUNCTION OR PURPOSE OF THE ATC SYS AND FACILITIES INCLUDING TWRS IS SEPARATION OF AIR TFC. IN THIS CASE; IF IT WAS INEFFECTIVE AND NEARLY COST SEVERAL HUNDRED LIVES.