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To: J R KARY who wrote (24453)4/29/1999 1:19:00 PM
From: High Grader  Respond to of 213177
 
I don't really know how the "6" will work. That is more of a fundamental analysis debate and there are people here that know more on that than I ever will. I guess it depends on how much they cooperate or something like that.

All that I do is based on the chart action, combined with the patterns and indicators.

BTW, a zig zag has formed clearly on the 60 minute chart and the gap is closing as expected, but I don't know if there is a bottom there yet.