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Strategies & Market Trends : Sharck Soup
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To: marc chatman who wrote (14980)4/5/2001 3:02:59 PM
From: velociraptor_  Read Replies (2) of 37746
 
It's one possibility....my favored count was that wave 1 of 3 down had already started and that this was the C wave of a correction from 10,000 down to 9400. However, looking at the charts, we could also be in a massive ABC corrective pattern off the 9100 lows. If so, wave 3 down has not yet started, but when it does, it will be one hell of a drop.

I am starting to favor this last count in agreement with you.
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