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Strategies & Market Trends : Classic TA Workplace

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To: velociraptor_ who wrote (30563)	2/7/2002 1:09:44 PM
From: The Freep	Read Replies (1) of 209892

Velo -- looking on your site, it looks like the S+P broke its downtrend line at 1088, rose above, then backtested it. Do you think, then, that this has another push up (maybe that 1100 resistance) before finishing your down, or is it possible that we finished a full wave down and might now be correcting in a higher degree? The Dow is working on its third day in the same range. Everyone's frozen. . . waiting. Nice wintertime action, until that range breaks. the freep

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