Matt- I have what may be a silly question for you. I understand
the market is really oversold here....but where we have these
rallies each and everyday, can't we say that the market is sort of
"internally" correcting here? So maybe we don't have to have some
huge rally? On the other hand, I know the text book definition of
the symmetrical triangle is a continuation pattern...but what do
they mean when they occur at the lows? TIA
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guys I'm day trading the
$SPX.GIFHead and shoulders pattern on the 1 min. Doc
Posted by matt on 28th of Oct 2008 at 11:59 am
guys I'm day trading the market! I don't feel too comfortable doing anything longer than that.
Title: TA Questions? Matt- I have
Posted by lindaloo on 28th of Oct 2008 at 12:31 pm
Matt- I have what may be a silly question for you. I understand the market is really oversold here....but where we have these rallies each and everyday, can't we say that the market is sort of "internally" correcting here? So maybe we don't have to have some huge rally? On the other hand, I know the text book definition of the symmetrical triangle is a continuation pattern...but what do they mean when they occur at the lows? TIA