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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Barbara Barry who wrote (13010)1/12/1998 6:38:00 AM
From: GROUND ZERO™  Respond to of 94695
 
Hi Barbara,

I think this type of reversal pretty much nails the coffin shut, at least for the near term. I'm also waiting for a rally so I can short more. I expect, at least, the October low to be tested and I expect that test to fail.

All market activity is human intervention, these psychological variables you mention are all part of technical analysis. I don't think it messes up the chart, it actually enhances it.

GZ