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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (31561)7/25/2003 2:44:37 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 36161
 
To be honest I don't do much with waves since so many people have so many interpretations. I think there is some validity to the general theory since longer moves typically end in a blow-off phase at some pt, but I need to do more reading.

Based upon trendlines the Dollar has broken it's uptrend channel, but it remains to be seen if the highs are in. Mostly likely, yes.



To: isopatch who wrote (31561)7/25/2003 3:32:16 PM
From: steve from ihub  Read Replies (1) | Respond to of 36161
 
at this rate the indexes will be at new highs by mondays close. this is about the fourth or fifth time that the major indexes get into trouble and rally like a mutha farker. getting quite annoying.
steve