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Strategies & Market Trends : Classic TA Workplace

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To: venividivici who wrote (131561)4/2/2006 4:05:36 PM
From: Henry J Costanzo   of 209892
 
Hi, Julius (hope you won't mind..gg)

Gotta run again, so will look at again......hopefully later today.....

From the arithmetic, I assume that you're taking the past October low as the start of the 5 ........right???

Personally, not sure I'd put the 5 that high.....Starting from the Aug '04 low, 5=1 points to 1893 (not far from my TA target 1880)..........Starting from Apr '05 gets me to 2026.

Assume when you say your wave count "would not preclude going below the Mar 10th low"....that also based on your taking last Oct as start of of 5 ...up from the 2002 low...??

Here's my Feb TA take pointing to 1880.

home.twcny.rr.com
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