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Non-Tech : Raptor's Den

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To: Nathan who wrote (2698)	8/14/2002 2:00:50 PM
From: velociraptor_	Read Replies (2) of 10157

Nasdaq highs are in and I see no chance of moving above the high made off the July 23rd low. The high from yesterday may be tough too. S&P and DOW might make it back to retest the highs we just made, but should not go much higher if it does. However, since the 'e' wave is like a 5th wave, it could also fail and come short of the retest. I think it is irelevent. This pattern is crystal clear on the charts and volume is falling again. Shorts can hang on because by next week, it could get ugly. Subscribers have the overwhelming evidence that the indices are targeting to lose a decent percentage once the triangle breaks. The ramp here is a gift to the bears and a last chance to get out long.

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