Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Henry J Costanzo who wrote (117701)	4/27/2005 1:04:34 PM
From: The Freep	Respond to of 209892

Interesting wiggle juncture here. Is it 1 down/2 up off the top, and we're going into a 3 down of some degree? Or was that sharp down something else entirely, and now we're pointed up (even within the context of a bigger correction off the lows)? The bounce on the dow, at least, retraced 61.8% of the move off yesterday's high, and is testing that lower line of the move off the lows. Let's see if today's high gets taken out.... EDIT: well, that didn't take long!!!!