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Strategies & Market Trends : Classic TA Workplace

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To: Jack of All Trades who wrote (3990)	6/1/2001 12:01:59 PM
From: AllansAlias	Read Replies (3) of 209892

Scenario revisited Well, that down was swift and for a while the alternate of us doing a 5 of 3 down raised its head. Non-tech did print a marginal new low and that is normal for a 'b' move. So, the favoured scenario is still on top and it sees us now as having begun a 'c' rally to complete the 4. (For the wiggle players, I think we've done 1 of 'c' and are now doing the 2 correction. This scenario will be confirmed by a blast off in a 3 of 'c'.) Aren't 4's fun! Cheers ------------------ Jack, I think you have bought into the 2 of 'c' so you may be fine, but I'm waiting for the break upward to signal the start of 3 of 'c'.

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