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Strategies & Market Trends : Classic TA Workplace

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To: yard_man who wrote (53185)	9/13/2002 5:15:01 PM
From: skinowski	Read Replies (1) of 209892

Out of the long side… Ended up making money in a bearishly positioned account on an up day. Heck, I wish I could figure out a way to make it into a habit… -bg. It appears that the DOW made a wiggle flat, which topped out shortly after 1 pm. The odds are that the couple of wiggles which followed were the onset of the next move down… at least that’s what they look like to me. The NDX may have the same implications (finished flat)… or, it seems to have the potential of morphing into a symmetric triangle, which would be wiggle bullish – while also confirming the corrective nature of this micro-rally.

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