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Strategies & Market Trends : Classic TA Workplace

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To: the-phoenix who wrote (61994)	12/17/2002 10:47:34 PM
From: Shack	Read Replies (3) of 209892

As you may or may not know I have a similar count. My one problem is that this flat off Dec 9 has barely retraced anything on any of the indices. I would have expected at least 38% and we didn't get that on anything except the BKX. From an e-wave perspective that puts me on alert for an 'x' wave tomorrow which would just be a choppy down before we get another 3 wave move up to retrace the 'a' down "properly". If I don't see evidence of a 'c' down tomorrow (read: long red bars), I will be covering and possibly going long when the time is right.

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