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Strategies & Market Trends : Sharck Soup

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To: velociraptor_ who wrote (13087)	3/23/2001 2:11:41 PM
From: marc chatman	Read Replies (1) of 37746

Raptor, I'm guessing that the C-wave of the rally off yesterday's low (at least for the djia and spx) was what started around 12:45. I am now seeing some technical divergences on the 15 minute chart, and we could complete C shortly by making new marginal highs for the day. I still can't figure out the count for the COMPX. You could be correct about the next turn at 3pm, which could be the conclusion of this rally, although it looks like it could fail a bit sooner. If I can ask, how do you determine the times for turning points so far ahead of time?

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