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Strategies & Market Trends : Strictly: Drilling II

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To: ItsAllCyclical who wrote (35610)1/27/2004 10:57:30 AM
From: nspolar   of 36161
 
<Am I sounding like a broken record yet?>

Sort of but that is okay.

From a few days back the dollar already put in to be what appears a complete abc, and a 2nd one. The fact that it has already dropped below the b is not healthy.

In any event the last rise, which was this abc, surely looks corrective in structure, and ST, not some longer term corrective thing. It has no impulsivity to it imo. When you see corrective structures like that, the harder and quicker they blast up, the shorter lifespan they usually have.

In edit: But there are no guarantees, either way.
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