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Strategies & Market Trends : Classic TA Workplace
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To: pater tenebrarum who wrote (302)4/19/2001 12:39:35 PM
From: AllansAlias  Read Replies (1) of 209892
 
The counts off the 1998 lows don't work for most issues. It's why certain bullish wavers like da chef are calling for the bull market to resume. I think the irregular B thing is stretching it given the power and extent of the rise, but the run into 1929 was very powerful as well. I just don't know, but I can tell you that I am very impressed with the non-tech charts here.

Thanks for the background. I don't recall reading in EWP about the 1929 top being an irregular B. If you have a reference I'd appreciate it, but in any case, I'll hunt through the book this evening.
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