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


To: Arik T.G. who wrote (6295)12/4/2002 3:20:45 PM
From: velociraptor_  Respond to of 10157
 
Rally does look like a C wave but not sure. It will take care of the oversold compression on the hourly and be back to overbought by the close easily. This is the 5th wave in the rally now so we should be able to tell for sure on the pullback, If it becomes shallow, we've got something bigger, but if it is steep it was the C wave of a probably flat. Either way though, this being the 5th wave of the rally should exhaust it before the close.