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Strategies & Market Trends : Classic TA Workplace

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To: NOW who wrote (39578)5/17/2002 2:17:40 PM
From: AllansAlias  Read Replies (1) of 209892
 
There is a small window opening up here in the wiggles for a tiny downside surprise. Probably nothing, but the Voodoo Box is will see a bunch of tumblers fall if the Dow gives another 20 points and the NDX another 6. The NDX "trianlge before a new high" scenario dies for me at NDX 1299.

BTW, when tumblers fall for the Voodoo Box, it isn't that it can then foretell something with any precision. It only means that it can vivify certain scenarios that didn't exist at a higher price. (In other words, certain new things become possible.)

Like I said, probably nothing. Best bet on options-ex afternoon is to expect nothing. Back to my Java...
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