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

To: jjstingray who wrote (162997)	2/28/2008 2:16:36 AM
From: Shack	Respond to of 209892

Yeah, I am not wild about the speed in general here. Overall it still all feels corrective to me. I keep waiting for that big high volume white bar that will deliver us up from this but it does not seem to be coming. Its why I favour us slipping back into the jello here, the market may not be ready for prime time quite yet. I still think the recent consolidation on the financials is more bearish than bullish looking on the daily charts, and I see a couple of energy plays that actually look they are going to see some down, hard to believe. If those two sectors decide to both have some down here then the SPX is going to suffer.