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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (41179)	6/6/2002 2:22:49 PM
From: The Freep	Read Replies (1) of 209892

Interesting graphic, Allan. What's also interesting is that the NDX is closer to the Sept. lows than the COMPX (or the Dow, of course!). In fact, if the naz goes to retest the Sept lows, the NDX would likely overshoot its low. Which leads me to this question. . . You've said that it's all wiggles to you til the Sept lows are breached. What about the diabolical idea of a Naz double bottom, with an NDX breach? Would that get you interested for a long, even for some shorter/midterm? (And this goes to your "Sept. lows a 'B' idea, too, I guess. Could all the moves since Sept. be just an ABC of it's own with the downmove that finishes here being a B and the C up to follow. I think this is near Tommy bear's idea, but I'm not real familiar with his call, so I dunno). And don't dis lattes. Caffeine is the Freep's drug of choice. the freep

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