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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (78560)8/6/2003 5:35:20 PM
From: the-phoenix  Read Replies (2) of 209892
 
Are we allowed to talk about wiggle counts, here? <G>

I think we started either a 'v' or 'e' down this afternoon in the wiggles (depending on index and/or your count). Either way, looking for at least a minor new low tomorrow, then a turn back up. As was previously stated, depending on whether the up looks like a corrective chop higher or a launch will give us some better clues about how high it will go and whether wiggle longs are the next play.

All JMHO, of course.
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