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To: HG who wrote (55478)5/5/1999 5:39:00 PM
From: 16yearcycle  Read Replies (3) | Respond to of 164684
 
My friend Gottfried does the PnF analysis, and tips me off on some things. After so many years of doing this, a lot of it comes natural. It is quite effective to wait for bottoms and buy on the reversal as Mich elle was saying earlier. My point was that the lows could have been the lows for this down turn. If we see a bounce off of them again, big money is made quickly on those reversals, like today.

I would bet we retest todays lows.