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


To: JRI who wrote (6140)11/27/2002 10:48:37 AM
From: GrillSgt  Respond to of 10157
 
Velo?



To: JRI who wrote (6140)11/27/2002 11:20:57 AM
From: velociraptor_  Read Replies (1) | Respond to of 10157
 
It sure looks that way...there was speculation that all of this could be a 4th wave still and a 5th was yet to come. The only thing that looked suspicious on that was a a slight penetration of the lower channel line, but I may need to go back and re-evaluate where that channel line lies. The boost into the 27th time frame is nice though and fits with the turn. As long as we are on lower volume as well it will ift into the pattern.

Hourly stochastics are nearly back up to overbought already. Upper limits on the indices are 8900, 9000 and 9100 on the DOW. 940 and 947 on the S&P.