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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (70083)3/31/2003 6:06:59 PM
From: Shack  Read Replies (2) of 209892
 
We may have seen the 'C' for the DOW, it may have been a .618 jobbie. But I think it could be just as likely that we are still in the Jell-O off the Dec 2 high. I would also be on the lookout for a triangle off Dec 2.

One thing for sure, dip buying seems risky here with a SOX breakout failing and the NDX putative bull flag breakout in jeopardy.
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