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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (3340)5/24/2001 1:04:41 AM
From: velociraptor_  Read Replies (1) of 209892
 
You know....I saw that and I debated whether that was a small 1 or not. I decided not to go with the small 1 up, but at this point, it may be more correct that it WAS a small 1 because of the current wave 1 and wave 4 overlap in the S&P. If the Naz falls below 2220, then we have both indexes in the same boat and I think it is likely at this point. Regardless, it looks like the rise is done.

That small 1 would seem hard to believe, but it is valid. That would make wave 3 and wave 5 up about equal in length which is just fine.
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