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Strategies & Market Trends : Classic TA Workplace
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To: Shack who wrote (125548)10/29/2005 12:48:59 PM
From: skinowski  Read Replies (1) of 209892
 
On BKX the recent October low went beyond the one of last April. From a purist pov, "e" shouldn't go beyond "c". But who knows. Those sector thingies can get a bit excited. On the more future-like XLF, to the contrary, the "e" was weak. Both are close to new all time highs... on XLF it is less than 40 cents away. But on XLF, one should remember, the "big ED" is still in play (unless it started a wave "3" counting from April).

Guess all this adds up to a "No Opinion (with a Bullish Bias)"... -g
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