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To: j g cordes who wrote (31458)12/18/1997 9:07:00 AM
From: donald sew  Respond to of 58727
 
Hi Jim,

Normally with a TECHNICAL DELAYED DIP, the following up leg will move up above the last peak, which in this case would be the highs of Tuesday. Please remember that my SHORT-TERM analysis is normally for a 1-5 day period, and beyond that I would need to switch to my MID-TERM analysis to help determine further movement upwards.

In many cases, the second leg up (the one that hopefully starts today/tomorrow) will not pop immediately but will be flat first for a short period of time (1-3 days).

Seeya