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Strategies & Market Trends : Classic TA Workplace

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To: ajtj99 who wrote (76007)	6/16/2003 4:44:23 PM
From: Shack	Read Replies (1) of 209892

I think you and I had a good exchange a few weeks ago about the importance of trendlines falling and then being retested. We are right now probing back above the 1990 SPX uptrend line which fell last year. I am turning bull if we don't begin to see some retreat right now. That is simply too powerful a reversal to ignore. If that is what this rally turns out to be, a simple retest of the uptrend line, it will have been a great lesson in simplicity in trading.

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