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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (75669)6/9/2003 11:50:36 AM
From: jjstingray  Read Replies (1) of 209892
 
Shack, the one thing I am concerned with here is this. As I just posted, if we take out 1190, then I believe we will be moving down impulsively, ie: the A of our ABC/iv correction. But, if we get a brother to the A, I think it is going to take out all trendlines that have supported this rally. That is of course unless the B up either goes to the previous high or a bit higher.

But alas, we have not really taken out 1190 which is the a=c off of the highs on Friday.
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