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To: Poet who wrote (18288)10/28/2001 4:37:32 PM
From: marginmike  Respond to of 209892
 
I agree with his assesement however the fact that we have a very similear W-bottom as we did in 98' where a lower second low was the retestof the 1st low makes the whole retest thing mute. If one wants to argue we need a W, we in actuality have had it already. Look at the charts of the 98' bottom, and the one we just had. Now I dont believe this is in deed the fact, but the W is there if you want to make th bullish case.