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Strategies & Market Trends : Classic TA Workplace
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To: JRI who wrote (12297)9/6/2001 1:07:17 PM
From: AllansAlias  Read Replies (1) of 209892
 
BTW, as always, the bullish *alternate* is that the marginal low we just had completes this leg and we are just now entering some impulsive up. This is a tough spot because the last leg of a 'flat' counts as 5 as well. All one can do is be careful short and look for hints that it *could be* a big rally. I remain skeptical that it's anything more than a flat until price teaches me otherwise.
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