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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (147995)	8/14/2007 12:39:26 PM
From: The Freep	Read Replies (3) of 209892

I see the bounce (almost back up to the levels where you said we should bounce!), but you must be convinced we're going lower here, as I see GOOG making new lows for the day. I mean, we were gonna bounce cuz she was holding up, right? :-) We could certainly be in your C of an ABC up here. Looks like a bounce in the oil stocks is giving us some of the up-ness here (the sector's largely green on my screen, anyway), and some bios. Still, nothing screams to me that we have to continue up here as we haven't overlapped anything to prove this is just a 3 wave move down. Verdict's out, and as usual, individual pattern prevail!

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