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Strategies & Market Trends : Classic TA Workplace
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To: yard_man who wrote (43446)6/27/2002 9:52:29 AM
From: AllansAlias  Read Replies (2) of 209892
 
Of all the worrisome pretty pictures out there for the bulls, the most worrisome is probably the banks. They gapped clean out of the wide up-channel out of the Sep lows. No easy trick for it to get back in.

Yesterday we said that we could have built a nice a-b-c off the lows and that at the end of the day a wiggle 5th was missing. Is this morning pop was the wiggle 5th of this a-b-c, then we are now headed briskly to new lows. It's an alternate only for me.
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