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Strategies & Market Trends : Classic TA Workplace

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To: the-phoenix who wrote (127852)1/10/2006 3:28:48 AM
From: skinowski  Read Replies (1) of 209892
 
As of today.....

Yep. And as of the past couple of days, the ED on SPX - if counted from the same reference points - doesn't "work" either.

This choppy ED-ish structure may yet turn out to be a springboard for all kinds of irrational exuberance.... -g. In any case, I would not short it without serious evidence that it is falling apart. At the very least, imo, the Jan 3 low must be taken out before any bearish thoughts can be even considered.

stockcharts.com[p,a]waclyyay[d20030609,20060109][pb50!b200][vc60][iub14!la12,26,9][j49085868,y]&listNum=1
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