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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (36056)6/25/2000 8:28:00 PM
From: hman  Read Replies (1) of 79173
 
DougR,

Regarding the summer of 2000 rally, since I am not too clear on the concepts yet, are we in the beginning, middle or end of the 2nd leg. The first leg was a lot easier to see relative to the shape that the indexes were in before it happened. What I expected to happen to the indexes a couple of weeks ago for stochastics reasons seems to be happening in the last couple of days. (I expected some relatively minor retracements of the indexes especially the NASDAQ) I would guess that we haven't started the 2nd leg but I'm looking for your thoughts.

Thanks in advance.

David
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