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Strategies & Market Trends : Classic TA Workplace

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To: 4rthofjuly007 who wrote (30165)	2/4/2002 4:02:31 PM
From: velociraptor_	Read Replies (1) of 209892

I'll be trying to play the bounces. Wave 2 looks like a flat so that means wave 4 will be a sharp zigzag. It will be worth playing that corrective series when it occurs. But essentially I'll be heavily short biased into the wave 1 low. I suspect it will be around early to mid March when it's done. Downside targets for 1 down are up in the air for now. So far minimum is 9300 on the DOW, 1780 for the Nasdaq and 1053 for the S&P. The big 3 of 5 down probably won't start until May

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