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Strategies & Market Trends : The Millennium Crash
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To: GROUND ZERO™ who wrote (3638)10/4/1998 7:59:00 PM
From: Moominoid  Read Replies (1) of 5676
 
I guess the pattern I am identifying is a retesting of the neckline which fails. That's the situation we are currently in. Not just a head and shoulders pattern. The bounce off 200 dma which coincided with the neckline was pretty interesting. Of course I am still a TA skeptic, especially for the longer term scenarios such as the failed head and shoulders which eventually leads to a crash as identified by TAguru or the Elliott Wave theory.

David
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