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: Shack who wrote (133134)	5/27/2006 9:24:46 PM
From: skinowski	Read Replies (1) \| Respond to of 209892

Is this thread now favouring the cyclical C down Can't answer for the thread, but I think that's a good possibility, S. Structurally, the majors seem to have completed all the necessary business at the recent highs. INDU and SPX made fresh (imo) impulses down on the hourly. Usual caveats apply. We just made a nice move off the lows. If the rally begins subdividing into a larger impulsive wave, then yes, the bear can go back to sleep. But I think the decline may be for real.