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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (68740)3/17/2003 12:56:32 PM
From: Shack   of 209892
 
DOW 8130 looks like a good line in the sand. It would make the c=1.62xa if the feb 13 move is indeed a flat and it is near the top of that late Jan congestion. Beyond that and we are either in the 'C' up or a higher degree correction IMO.

Regarding GE, I am watching for a potential triangle as well as a potential flat (from the Oct low). We would of course be near the end of the 'c' in that case.
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