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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (159394)1/15/2008 12:33:09 AM
From: Shack  Read Replies (1) of 209892
 
LEN just made another new low, while RYL held above Nov low

That's my point. These things don't veer too far from each other in terms of counts and patterns. So if both RYL and LEN rally here in unison, as they likely would, the fact that LEN made a new low lends credence to the idea the recent low in BOTH was a B.
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