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To: Shack who wrote (57920)10/28/2002 8:43:18 PM
From: At_The_Ask  Respond to of 209892
 
I think the epicenter should have been this morning but it didn't come to pass. Todays action could be a 2 of 3. However, it seems like if it was a wave 3 it should have barely retraced after the gap and then took off. I'm favoring friday and todays gap as the five of the entire rally. It sort of looks like an ed anyway.



To: Shack who wrote (57920)10/28/2002 8:47:15 PM
From: Moominoid  Read Replies (1) | Respond to of 209892
 
That count will put wayyy too many people on the right side of the trade David.

So the bear logic is that the majority lose on trades and the majority is long, therefore the market only goes down? :)


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