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To: Jack of All Trades who wrote (29306)1/25/2002 3:14:51 PM
From: marginmike  Read Replies (1) | Respond to of 209892
 
to me it seems like its coiling for a strong move. But for the last month I have been 100% wrong IE it probably is distrabution-g-



To: Jack of All Trades who wrote (29306)1/25/2002 3:18:29 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
That seems right. The move in the DOW off the highs today counts a clean 5 waves. Beautifully actually. Check a 15 min chart.

It would be a wave '1' and is just finishing. We should finish strong in a wave '2' up (although it could be a flat).



To: Jack of All Trades who wrote (29306)1/25/2002 3:18:55 PM
From: AllansAlias  Respond to of 209892
 
Smells very weak. I am holding a small short over the weekend.