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Strategies & Market Trends : Classic TA Workplace

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To: Shack who started this subject	2/7/2002 12:41:29 PM
From: velociraptor_	Read Replies (4) of 209892

With the lack of active downside movement here today, I have to step back for a little bit. I think the big picture remains in perspective but the minor wiggles do not support hard down yet. Overall, we are still in a corrective pattern after an impulse off the last high a week ago in the indexes. There is a 5 wave impulse up which could now be the C of 2 that I keep out. Ultimately, resolution should be to the downside but we may chop around for a while still. Minor wiggles are a pain in the butt.

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