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


To: Galirayo who wrote (142354)3/14/2007 6:56:57 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Ray -- Take a look at the decline in the Spring of 2000. By late Summer SPX retraced almost the entire decline - before breaking down again.

Check the decline from January to March of 2001. The consequent rally retraced about 80% - before the next leg down begun. All sorts of things can happen. Got to keep an open mind... Along the way, hopefully, we may get some (tradable) clues and setups.