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Strategies & Market Trends : Classic TA Workplace

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To: SwampDogg who wrote (94436)4/6/2004 10:38:08 PM
From: Shack  Read Replies (2) of 209892
 
Yes, my bearish alternate had this March 24 launch as a '2' wave as well. But we have already retraced over 80% of the previous down on the SPX so it is extremely low odds. Not to mention the fact that the move off the highs has no impulsive structure while this March 24 is too straight to be corrective IMO.
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