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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: jjstingray who wrote (90267)	1/27/2004 3:46:21 PM
From: Jack of All Trades	Read Replies (1) \| Respond to of 209892

Not when I measure on the screen, your ref line is the lower one correct?

To: jjstingray who wrote (90267)	1/27/2004 3:56:04 PM
From: Clappy	Read Replies (2) \| Respond to of 209892

I think today's action was bearish. Turned yesterday's sunny outlook into perhaps a suckers rally to slap the hands of those trying to be greedy. But then who really knows... It was fun trading this wiggle stuff today. It seemed to read nicely, especially the lunch time 4 of today's move. Hit a perfect .38 retrace on the S&P and roughly .25 on the NDX (futures I'm talking). Nq had a nice flat 4. We are now in 5. I closed out my short and decided to play a small position long on the ES into tomorrow for a bit of a retrace. (I probably won't have time to baby sit the rest of 5 down if there is much more.)