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Strategies & Market Trends : Longer-Term Market Trends
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To: Perspective who wrote (1777)9/29/2008 5:19:01 PM
From: jjstingray  Read Replies (1) of 3209
 
Typically you get a test of the breakdown point on the wedge, but with this market, who knows. The dump from that lower line came so fast, you could not even react. I agree with your comment to AA before, a slow grind would be better and stops ae almost useless.

After a day like today, 800, the C target on this setup, does not appear very far off.

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