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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (68451)	3/13/2003 8:26:46 AM
From: bcrafty	Read Replies (1) of 209892

Shack, thanks for the perspective Sometimes we all have trouble communicating on these boards when our diction is a little vague. What might be an intermediate term (IT) for some people might not be the same for others. Although you mentioned that you don't think this is an IT low, if it's going to be a low for the 4-6 week period you mentioned, then that's an IT low in my book, just as I considered the July low an IT low even though the move lasted four weeks. But definitions differ with everybody: for example, JoaT mentioned a couple of weeks ago that an IT move for him is a move lasting a few days. But regardless of definitions I agree, of course, that we've got to see at least two green days in a row first.

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