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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (596)	4/23/2001 9:53:19 AM
From: Perspective	Read Replies (3) of 209892

Well, I'm a little suspicious of this stuff happening during amateur hour, but so far it looks like we're getting some nice down. We cracked that 2108 level and are now testing 2100. I continue having trouble counting this as impulsive down because too many things keep unfolding in threes, not fives. I'm sure it will all become clear in time, but it keeps me nervous. That could have been a nice 3 just now, and one would expect a fight at 2080 that might count as 4. It will be telling to see how that support holds, and if this gets very far back into the opening gap, since 2108 didn't factor heavily into the morning move so far. BC

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