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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (1147)5/28/2002 8:58:24 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 17639
 
one more down day and the bpnya will print that 62.
Probably won't see it tomorrow -

stockcharts.com



To: Jorj X Mckie who wrote (1147)5/28/2002 11:25:37 PM
From: John Pitera  Read Replies (1) | Respond to of 17639
 
Yes, we could see a pullback to 11,000 again. In Elliott terms this rally since the Mid april Low looks like a "B" wave and hence a "C" wave back to the "A" wave low of 10850 to 11000 would be the normal unfolding of the waves.

I think the key is to watch the USD and the cross rates for direction.

John


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