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Strategies & Market Trends : Classic TA Workplace

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To: Jack of All Trades who wrote (57224)10/21/2002 2:47:43 PM
From: Shack  Read Replies (4) of 209892
 
While I still see more upside here, ironically I see a potentially scary situation evolving for the bulls.

The ENTIRE DOW move off the lows is really starting to look like an ED. These only occur in '5's and 'C's. Well this would have to be a C which implies it is indeed the brother leg to the July rally and is nearly complete. No dip should be bought if that is the case as the market is going to be in deep sh*t.

We still need a 'iv' and 'v'.
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