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Strategies & Market Trends : Classic TA Workplace
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To: jjstingray who wrote (107498)10/8/2004 3:10:22 PM
From: skinowski  Read Replies (2) of 209892
 
Debate? Everything is "technical". Maybe even the debates... -g.

This scary mother is either a C or 3. The latter is bearish, the former, bullish. So far markets came down more or less to levels of standard retracements. SPY is at 50%, DIA is weaker, all the way close to 78.6%.

I figure, if this is a C, it ought to bottom pretty soon.
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