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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (1811)	5/4/2001 8:37:25 AM
From: JRI	Read Replies (1) of 209892

AH- Thought you were a genius this morning when I woke up and saw the futures (compared to scenario).. After the employment report, I still think you're a genius, but your scenario might be a tick off this morn. Q: Could yesterday have only been a smaller part of a larger wave down (which would make the correction from 3:30 PM-4:00 PM a little tick/correction up within a larger down wave).. If we gap down here (as looks possible)...I'd think that 1st wave has turned into a nasty one, and the "bearish" scenario is gained some life here....(because of the coming huge 1 wave down).. BTW- I totally agree with you on consensus. Most everyone is looking for a move to 2000 and then up.....(Credit to Zeev- he is thinking we could dump hard)

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