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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (48715)8/2/2002 1:01:23 PM
From: Death Sphincter  Read Replies (1) of 209892
 
from previous posts, i see that you have the 'eye' to perceive somewhat non conventional EDs.
Message 17785055
the subsequent spike up reaction with the DOW supports that possible ED idea. i happen to think there are numerous EDs that don't have that classic tight ending wedge look. Anyhow, i see possibilities here with the SOX, while DOW/SP are doing a "B" down off their spikes down to their support in the gap area and setting up a possible "C" up...the SOX could be setting up an ED, which would explain why it is not holding the lows of the 26th. use your imagination and see how that could fit assuming we get a brother up from support/gap area on DOW/SP/NAZ

stinky
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