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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (50096)8/15/2002 12:05:10 AM
From: Shack  Read Replies (2) of 209892
 
Wild day I missed. I see that C fixed itself for now. Nice bounce for the SPX right at its UT line out of the July 24 lows.

BTW, that index is getting very close to retracing 38.2% of the Mar 19 dump (around 929), which is also the neighbourhood of the 1997 shelf and the 1998 lows so we are on the verge of a decent melt-up or a great short-opp.

Did anyone else notice those extreme TICK readings?
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