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To: John Madarasz who wrote (43776)6/28/2002 11:55:24 AM
From: TE  Respond to of 209892
 
>morningstar editor babe sez market "fairly valued here"<

if i had a dollar for every time i heard that i would not have to make my living by trading <g>



To: John Madarasz who wrote (43776)6/28/2002 12:05:16 PM
From: bcrafty  Read Replies (1) | Respond to of 209892
 
What do you think of this idea

I haven't seen anyone else mention this, and I was just thinking this idea kind of off-the-wall, so tell me if you think this idea can't be considered a viable possibility because I'm missing an important rule violation of TA, but can Wednesday's NDX and COMPQ intraday low be considered a retest of MONDAY's intraday low, albeit surpassed by a a few points on Wednesday?

If this idea is OK technically as far as not violating any generally accepted paramaters regarding retests, then that would mean we've already had our retest.