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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (1173)	4/27/2001 11:45:58 AM
From: Perspective	Read Replies (4) of 209892

Boy, it's impossible to look at Old Eco and view the April rally as anything other than impulsive now. However, it looks almost done, so it should lead to a NICE shorting opportunity in the weeks ahead, off about NYA 645 (unless we get a failed "A" on May 2nd, hmmmmm....). Sorry I left the "e" off the end of the chart, but we're in "e" on that chart. That would imply a big multi-week "B" down (or "2") to retest the lows, followed by a "C". I prefer to think we're in a great big flat upward correction myself - just gut there based on funnymentals. Bigger timeframe is AFU. geocities.com BC

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