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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (673)	4/23/2001 3:54:39 PM
From: JRI	Read Replies (2) of 209892

AA, Shack, bobcor: Any comments to this.....To:JRI who wrote (17962) From: velociraptor_ Monday, Apr 23, 2001 3:48 PM Respond to of 17969 Today's move did not have an impulsive feel to it. Just sort of drifted down with slowing momentum as the day went. I am really unable to count it in any way so far because of the lack of clear wave structure so chances are it could be part of a corrective pattern and not impulsive. That means we are not ready to go down yet. I am hesitant on holding much overnight. Also, briefing. com is calling this a good day....a low-volume needed backing-and-filling.....but I've got Q volume at 75m+ (which is not low volume)....maybe COMPX volume is a bit low...but aren't the QQQs more relevant?

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