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Strategies & Market Trends : Classic TA Workplace

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To: The Freep who wrote (61300)12/10/2002 4:38:01 PM
From: Shack  Read Replies (1) of 209892
 
Not sure. Helped my wiggle ES long which I dumped near the close. That VIX melt was building all day IMO.

The 'ii' of 'c' could still be what we saw today. The SPX/OEX is just shy of a 62% retrace of the Dec 6 dump. Tomorrow and Thursday would be hard down if this is the case. But I couldn't bring myself to go short at the close. Here's hopin' for a little bit more up. Tech looks like it could use another high. We would pretty much have to turn south in the first hour for this to be right.

Alternatively we have begun our retrace back up, the larger 'b'.
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