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Strategies & Market Trends : Longer-Term Market Trends
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To: skinowski who wrote (1506)7/27/2008 1:07:49 PM
From: AllansAlias   of 3209
 
You old sod. You old git. -g Are you back from the north? Hope so... this is a muddled little market here and I look forward to your observations.

Yeah, we could make that new minor low to complete all those "3-wave bottoms". Various of us have mentioned that, but it is an alternate for me. BTW, if you look at the QQQ/NDX-100, which has been relatively weaker than the Nasdaq Composite, it looks like it might even be building a coil down here. Such a coil is a continuation pattern -- the new minor low.
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