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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (42947)	6/25/2002 10:24:43 AM
From: AllansAlias	Read Replies (3) \| Respond to of 209892

Wiggle fun: For the favoured scenario that sees us heading up today, it looks in the wittle wiggles that we are in '4 of c of B' here. Another little drop to NDX 1043 is worth a shot long. Stop can be tight. (Alternate #1: See how we have a lower high this morning and, so far, a high low as well vis a vis yesterday late. Maybe we'll build a coil, in which case it's a gimme that this is only a 'B' consolidation and the coming 'C' should be shorted with both fists.) (Alternate #2: If the index really wants to run, we will not get a nice 'c' low, but a higher one [i.e., it's already just finished and we are headed up now], with price moves up rather briskly after such a running correction. Running corrections are near-impossible to catch properly. I find that running corrections are more common than most people realize.)