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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (116262)4/8/2005 1:50:49 PM
From: The Freep  Read Replies (4) of 209892
 
Come on, mannnnn... this is what we were yakking about all day yesterday. Even EWI is supposedly talking about them. <g>

As I also said yesterday, the most confusing thing, overall, would be for the wedges to break, and then for us to decline to, say, 1183-84 SPX then have a wee bounce. This would mean that we COULD be headed down huge or COULD be done with a ii/2 or somesuch down... and we are gonna launch.

Volume on the break is nothing impressive, that's for certain. Maybe we gotta wait for EOD, but I don't see much for either side to be crowing about right now.

the freep
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