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Strategies & Market Trends : Classic TA Workplace

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To: ajtj99 who wrote (115864)4/1/2005 11:22:48 AM
From: The Freep  Read Replies (2) of 209892
 
Well, AJ, maybe this down is a C down with today's gap up a B high... and now we launch. Or maybe not. This isn't bullish action... but check the divergence in the SPX vs. the other indices. Nowhere near the level it was at last time. Strength from oil stocks (and IBM, of course!)?

Oh, and according to ER, this WAS "supposed" to happen. <g>
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