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To: The Freep who wrote (63132)1/8/2003 9:54:26 PM
From: At_The_Ask  Respond to of 209892
 
It's pretty much the same count as this except for the move from the most recent low has been setting up a flattish ed rather than the sharp spike c on the spx. It could be in wave three or five at the recent high but seems bearish to me.
Provided that the c up on the indexes is complete It should melt along with everything else. Seems like the long flat movement should set up a sharp break when it finally picks a direction.

at_the_ask.tripod.com



To: The Freep who wrote (63132)1/9/2003 11:42:20 AM
From: Henry J Costanzo  Respond to of 209892
 
<<Just what is BAC doing? >>

...eating up overhead resistance, on its way to 77............ with price exceeding all SMAs, and all SMAs rising....20-day SMA over the 50-day SMA, which in turn is over the 200-day,.....RSI positively diverging.....In short, looks to me, IMveryHO, moving very bullishly ???


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