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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (7881)	7/24/2001 3:04:38 PM
From: The Freep	Read Replies (1) of 209892

But have we really broken out of any ranges, or are we just revisiting the lower end of the ranges? If we're looking at the Naz wedge, we haven't gone down to say hi to the bottom of it yet, and it would take a pretty nice sized whoooosh to get us there. S+P, OEX, even the SOX and DOW are holding above their lows from the last leg down, so I could still call them in a range. So is this a low volume retest? A new down leg? Still, if this is jello in the greater scheme, it certainly offers more movement. And we all like our jello shaken, not stirred. EDIT: Oh, sure. S+P waits til after I post to make a new low. Sure. Fine. Whatever. :-) the freep

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