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


To: Chip McVickar who wrote (925)4/12/2000 12:26:00 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 33421
 
Chip,

Just remember, 85% of the time when a wiggle pattern develops, it fails to complete itself.... this means there is now a greater likelihood of a move down from here... of course, if the wiggle actually does complete itself in the third and most important bar, then a nice rally would begin... just a thought here.....

GZ