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Strategies & Market Trends : Classic TA Workplace

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To: Moominoid who wrote (134399)	7/14/2006 12:23:42 PM
From: skinowski	Read Replies (1) of 209892

Interesting... All the "obvious" theories about an extended (summer) consolidation are out the window. Looking at the NDX daily, I'm wondering now what is it trying to tell us. This decline could be the fifth - counting from last January top. Good chance that by the time everyone gives up and starts contemplating the end of the world, we just MAY get that rally... Or, maybe it will happen ONLY after wave counters like myself will stop yakking about it..... -g/ng

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