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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (77)2/23/2000 7:51:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 33421
 
Yes, I see it and I'd say we'll probably see a completion of that pattern, even if we don't take out today's lows... we've just made a trading cycle low and I think we could see higher prices from here..... the confirmation will be a close over Tuesday's high..... good eye, Chip!!!

GZ



To: Chip McVickar who wrote (77)2/24/2000 1:05:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 33421
 
Chip,

The buy wiggle in the DOW failed once it took out the low of the first day, but the SP cash has not done that.... I'm suspicious about whether the pattern will actually complete itself now... I'd rather wait for the confirmation before I jump in with both feet at this point.....<g> we may even see another leg down before all this is over..... time will tell, and I'm in no hurry.....<g>

GZ


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