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Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?

To: TimeToMakeTheInvs who wrote (1955)	7/23/2002 11:26:19 AM
From: velociraptor_	Read Replies (2) \| Respond to of 10157

Probably, but I don't expect much at all. If those hourly channels are intact, the upper channel line will limit the bounce. In fact, we could get another smaller triangle consolidation here and in that case, the high may be in. The S&P has already poked below yesterday's low which means we are defintely in some type of correction as this drop was the B wave of a flat or a triangle. All of yesterday's lows would need to have held and they didn't...if one index didn't, the pattern is corrective for all of them.