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Strategies & Market Trends : Classic TA Workplace

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To: Jerry Olson who wrote (87325)12/11/2003 4:04:28 PM
From: The Freep  Read Replies (1) of 209892
 
Jerry -- now that we've closed....

what are the implications of the "shakeout" pattern? Do we simply go straight up? Do we retest the low on lower volume? Neither?

The OEX and S+P options give me pause about a moonshot here, but I guess we could be done with Pain already. Though others will no doubt dispute me, today seemed pretty bullish. About the only blahness is that banks never regained their morning high. Volume seems nice. I think it's allll been easy for the bulls, but at the end of the day, that's not for me to worry about.

the freep
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