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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (3736)5/30/2001 9:20:16 AM
From: Perspective  Read Replies (3) of 209892
 
AA, I'd love to get your thoughts on BTK here (big picture, off THE top). I was trying to figure out if it could possibly be done with a great big corrective wave up. The trouble I'm having is that it looks like impulse up, double-zig-zag down, impulse up - which would be a great big zig-zag, except that it violates the rules on where the countertrend B can end for a zig-zag.

Your thoughts?

Note the similarity of the latest wave structure to Old Economy over the past couple months.

BC
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