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To: mansan who wrote (57667)10/24/2002 4:52:57 PM
From: mansan  Read Replies (1) | Respond to of 209892
 
Do you think if Dow goes below 8K, then it is probably wave 5. How about 50% and 62% retrace?



To: mansan who wrote (57667)10/24/2002 5:03:01 PM
From: Shack  Respond to of 209892
 
Yes it does seem many are looking to buy the retrace. I am not sure what happens with all that consensus but I still don't have any "major top" signals flashing. What I do know is that there is major resistance in the COMP 1350 and DOW 8800-8900 area. I am not betting we go through there on any up or I will go super bullish

Watch that May dt line, I think it will be the key.