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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (21108)11/14/2001 11:03:29 AM
From: AllansAlias  Read Replies (1) of 209892
 
*wiggles*
Speaking of the 10/15min charts. So far, this down looks like nothing more than a sharp correction to the .382 retracement of Monday's low. Without another down leg and very soon, I will not be thinking we are pointed down. NDX can not get above 1598 (putative wave 1 low) or we are likely in jello here.

Ignoring the wiggles, one just says "That down was/is an 'a' or a '1'. "
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