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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (38775)	5/10/2002 2:03:31 PM
From: AllansAlias	Read Replies (1) of 209892

Breakout signal for the Dow would be given at 10,035. If first we dip down to 9,960 area, then the breakout signal would change to 10,010. The other way, as I said yesterday, I don't see any breakdown unless 9,960 falls. "If first we dip" -- we did as Dow kisses 9,972, and the preliminary breakout signal changes to 10,010 as protection against a whipsaw. edit: and we are there now. Your wiggle-trading middle-biter would wait for 10,035 to fall.

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