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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (617)4/23/2001 10:04:10 AM
From: Perspective  Read Replies (2) of 209892
 
I *could* count the first leg down as a leading diagonal, then the entire remainder of Friday as three waves up, with what looked like a failed "c". That would solve the "three waves down" problem from 2PM Friday. Not ready to launch the full-frontal assault yet, but I'll probably be ditching some more hedges into the coming bounce.

If we can crack COMPX 2080, I'll get more confidence in this down. Also, seeing a wave five down would be very helpful.

You have to help me out on the leading diagonals; I've intentionally ignored them because they aren't very frequent. Warn me if I break rules; I've got a rules listing up, and so far I don't see any problems with this assumption.

BC
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