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Strategies & Market Trends : Classic TA Workplace

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To: Haim R. Branisteanu who wrote (76572)	6/24/2003 3:02:37 PM
From: bcrafty	Read Replies (1) of 209892

Haim, "violating this trendline, which will indicate lower prices" Maybe that's true in a very general hypothetical sense, but if that happens here watch for a fakeout that ends up being a bear trap. Most here on this board (both the bulls and bears) feel we're currently in a 4 with a 5 up to go. That trendline can be violated and still indicate higher prices when you're waiting for the 5th wave up. Message 19055948

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