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Strategies & Market Trends : Classic TA Workplace

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To: Galirayo who wrote (164014)	3/7/2008 2:57:59 PM
From: elliottrules	Read Replies (2) of 209892

Just we are clear... I think the market needs to regain 12,069 on the Dow and 1316.75 on the S&P to stop this blood bath. Until then anything can happen....my guess is we will...but I am usually wrong.. But so far, 3 wave down from the Feb high..."Blood in the Street" (and blood all over my brokerage statements), lots of really bad news, current sentiment, P/C ratio's all suggest the probability of an important low...not that this has helped over the past week.....

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