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Strategies & Market Trends : Classic TA Workplace
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To: JRI who wrote (62032)12/18/2002 10:41:17 AM
From: Shack  Read Replies (1) of 209892
 
I'm always unsure.-ng

Once again, the only reason I even had an 'x' wave on the menu was due to how little we retraced with the flat over the last week. The structure however is a perfect complete flat correction and we have come off it more very impulsively especially on the SOX. Perhaps the lack of even a 38% retracement speaks to the weakness here.

I am not looking for many bounces if we are in a 'c'. But there is nothing wrong with taking profits.
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