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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (3638)10/4/1998 1:45:00 PM
From: posthumousone  Read Replies (2) | Respond to of 5676
 
don't you think Oracle's warning after market close on friday will put some downard pressure on market?



To: GROUND ZERO™ who wrote (3638)10/4/1998 7:59:00 PM
From: Moominoid  Read Replies (1) | Respond to of 5676
 
I guess the pattern I am identifying is a retesting of the neckline which fails. That's the situation we are currently in. Not just a head and shoulders pattern. The bounce off 200 dma which coincided with the neckline was pretty interesting. Of course I am still a TA skeptic, especially for the longer term scenarios such as the failed head and shoulders which eventually leads to a crash as identified by TAguru or the Elliott Wave theory.

David


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