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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (537)	4/20/2001 1:37:11 PM
From: AllansAlias	Read Replies (2) of 209892

I'm pretty sure I see what you are saying and, although I have not dug lower to see how well it counts, I think it's a good alternate scenario. One thing's for sure... so far this down does not look/feel impulsive. It's all jello'y out there. This feels corrective and that implies that up is not over. We may need to wait a day yet for the turn to materialize. I'll dig into your suggestion as our alternate scary bullish scenario. -g/-ng Staying the course for now, but one has to consider the reasonable alternatives. I remember the January top. I was a week or more early on that one, but in terms of price, was not so far off. Still, it was a very nervous wait until the hard down came.

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