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To: Shack who wrote (60725)12/3/2002 11:33:14 AM
From: skinowski  Read Replies (2) | Respond to of 209892
 
The way I draw the line, SPX broke below the support out of 10/10, and is trying to re-test it on the wiggle chart. If the re-test fails, that would be a strong argument for the bearish side. Can you check the line? With the QCharts I am not always confident.



To: Shack who wrote (60725)12/3/2002 11:39:38 AM
From: skinowski  Read Replies (1) | Respond to of 209892
 
BTW… counting the little impulses off yesterday’s NDX high, it is no longer possible for the drop yesterday afternoon to be wave 3. The length of today’s decline makes it the shortest of the legs. This would add probability that we are in a wave 3 after all.


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