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Strategies & Market Trends : Classic TA Workplace

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To: John Madarasz who wrote (65586)2/6/2003 11:11:08 PM
From: the-phoenix  Read Replies (1) of 209892
 
Yes, posted it about ten days ago here:

Message 18498997

but it is nearly stopped out, as are the SPX and DOW Gartleys. If you read that thread you can see that I expected a limited bounce/consolidation at the .618 retracements, and eventual failure to lower levels, which I think is now imminent. The inability to mount any real countertrend rally out of these patterns indicates a very weak market, IMO.
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