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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (44980)7/10/2002 10:44:12 AM
From: AllansAlias  Read Replies (1) of 209892
 
Look at smelly still going down. Now at the .764 retracement. Sure looks like a cute 5 wave move off the top, which means to me that the preceding jello into last Friday's high is likely an expanded flat. It's really easy to see on a 60 min chart and is not to be ignore.

Yes, I am still wiggle long. Since my wiggle long is not 100% options, it is not as highly leveraged as is normally the case for me, therefore, I am giving this a little rope.
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