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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (249)4/19/2001 10:32:20 AM
From: Perspective  Read Replies (1) of 209892
 
I was going to tell ya that this little falling congested structure wasn't good for your QQQ short, but I guess it's a tad late now... I think this will let us wrap up 'b' of 4 of 5. I prefer one more down push before the final topping leg.

Of course, I'm asking the same type of question on longer term charts of NYA now. How can we be launching into a severe bear market out of this sort of sloppy, congested structure?

BC
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