Galapagos Islands Message Board

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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who wrote (30032)	3/1/2003 1:23:07 PM
From: sun-tzu	Read Replies (1) of 57110

nice chart. given you see us in a wave 5 down on the weekly, is it safe to assume that you don't we feel we have much of a chance to rally off lower lows (i'm talking at least 3 months) until your target is reached? my premise has been that a cyclical bull within this secular bear is approaching, but from lower levels. this would seem to present an environment where enough fear would be present to support a sustainable move back up to the upper end of the trading range...approximately 725-900. it seems that your weekly does not support that scenario, unless it was one mighty, ferocious move off the lows. not out of the realm of possibilities. am i misinterpreting?

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