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Strategies & Market Trends : Classic TA Workplace

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To: jjstingray who wrote (161915)2/12/2008 12:55:10 PM
From: The Freep  Read Replies (2) of 209892
 
Nah, JJ, I read hearabouts that new highs are in the offing!!!!! <g> (I'd also note that the C up shouldn't be done on that read, as it needs a wiggle v of C for a close on the highs... and max potential confusion?)

Seriously, this rise so far is notable to me for the lack of volume and the inconsistent moves in the indices... and even many stocks I'm watching show similar indecision. A lot of things even look like rising wedges off the lows with pokes at or out of the top of the wedge. Again... another wiggle up on lots of charts sets them primed for a pullback or a top OR we subdivide and fly up. No predictions here but I'd be happier in my longs with volume backing them.
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