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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (760)	4/24/2001 1:40:24 PM
From: Jeff Jordan	Read Replies (1) of 209892

LOL, depending on your interval one could argue we are in the 1st wave?.....I suppose it is only relevant to what and how you are trading or using these waves? I have a friend who counts 1min waves on futures but he trades every single wiggle....support resistance is possibly a better indicator for market direction or individual stocks....but, it's hard to be fooled by moving averages no matter what you are looking at or when. Hell, I'd rather use the tick.nq for a reference. JMO

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