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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: KymarFye who wrote (50144)5/10/2000 2:07:00 PM
From: Wayners  Respond to of 99985
 
I know what you mean...but when you get that slightly lower next v as the shakeout retest--then they could say hey NOW we have to retest that low...and so on and so on. I think I know the answer. In reality I think wave theory dictates when it stops. After 2 or 3 lower lows--sellers are pretty much exhausted and getting a retest just isn't going to happen.