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Strategies & Market Trends : Waiting for the big Kahuna

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To: Jack of All Trades who wrote (62646)2/5/2003 5:51:52 PM
From: GROUND ZERO™  Read Replies (1) of 94695
 
First of all, very nice chart work!!! On the daily SPX, we could see prices rally back up to the upper median line and then follow it lower... or we could see it collapse... my best guess is that we'll see it return to the upper median line and then I'll reassess the pattern... at that point, it could follow the upper median line lower or break out to the up side... it's too early at this point to say what it would do in that case... I'm still holding my longs right here, I need the rush...<g>

GZ
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