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Strategies & Market Trends : Classic TA Workplace
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To: Jack of All Trades who wrote (82895)9/25/2003 6:17:00 PM
From: The Freep  Read Replies (2) of 209892
 
JoaT -- why wouldn't you expect a test of the lower red tine? If we are heading down, doesn't a downward sloping fork take control? I admit another 40 points down to it seems a stretch, but it looks like we got a nice bounce off the red midtine, so I don't understand quite why we would get much of a bounce off the blue line.

thanks,

the freep
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