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To: AllansAlias who wrote (1159)4/27/2001 9:50:23 AM
From: Shack  Read Replies (1) | Respond to of 209892
 
Are you counting the sideways from 3:00 PM yesterday as part of this two?



To: AllansAlias who wrote (1159)4/27/2001 9:53:17 AM
From: Shack  Respond to of 209892
 
Nice move in the clownbuck too.



To: AllansAlias who wrote (1159)4/27/2001 10:03:46 AM
From: AllansAlias  Respond to of 209892
 
I should have added to the previous post--

Depending on where one places our 'b' label (i.e., where one believes it should go), this bold move could either be a 2 or a 4. This all presumes that our scenario is correct in seeing us as having turned down from our 'b'.

If the strength of a move surprises you, it's time to step back and ask "What else could this be?"



To: AllansAlias who wrote (1159)4/27/2001 10:32:04 AM
From: t2  Read Replies (1) | Respond to of 209892
 
Interesting that you are flexible in your TA.

What type of move in the Nasdaq would make you so bullish that you would not think we will get a re-test of the lows.
I am just looking to investor sentiment connected to better than expected GDP and its effect (negative) on the bond market, which has been absorbing so much cash for the past months.
That is also why I would like to somehow make a connection of this with the TA you have been discussing.

Thanks.

BTW--not a follower of TA in the past but trying to learn a bit every day.