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

To: The Freep who wrote (43680)	6/27/2002 5:29:51 PM
From: The Freep	Read Replies (1) \| Respond to of 209892

Wave/TA question for any and all. The BTK has been a pretty good "tell" for the naz/ndx lately, so I pulled up the chart. stockcharts.com[h,a]daclyyay[pb50!b200!f][vc60][iUb14!La12,26,9]&pref=G It made a marginal new low yesterday. . . perhaps some kind of a 'b' bottom, wave wise? That could tie into Allan's middle road, sharp rally then decline thing. Or is the move off the 18th some kind of fresh down? The RSI seems to be making a positive divergence in there, so maybe it's heading up. I admit freely I expected more giving from the bios to mark a decent bottom, but it looks like I could be denied. Darn market. How dare it? Any takes on the BTK? the freep