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Strategies & Market Trends : Classic TA Workplace

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To: the-phoenix who wrote (75303)	6/4/2003 8:51:56 PM
From: skinowski	of 209892

Looking at that chart... the Prechter's group counts the rally from October as ABC-X-ABC, a double zigzag, in which Velo's "B" is labeled "X". The net result is the same, namely, that the move out of March 31 is a 5-waver labeled "C". That would place us in the very last stages of the rally since October... unless Mr. Market picks a different alternate.

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