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Strategies & Market Trends : Classic TA Workplace
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To: ajtj99 who wrote (78541)8/6/2003 3:01:17 PM
From: The Freep  Read Replies (2) of 209892
 
AJ -- didn't you have your main scenario as a bounce from 1214 up to 1239 or so then a new low?

I ask mostly cuz I think today's bounce was the most anticipated bounce I've seen... and it still looks to me like the Dow has spent all day building a wiggle bearish wedge. I am usually wrong about that, though, and it's wiggly. I don't think the SOX and BKX will give all their strength up, but I wiggle shorted into this.

EDIT -- If I am right about the wiggle wedge, the bottom line has been broken.

the freep
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