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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (4094)	6/3/2001 9:13:42 PM
From: skinowski	Read Replies (2) of 209892

You are right. It looks like the little blue numbers and letters represent an alternative count, which would be more immediately bullish, with a rally due right after the completion of the current 5 wave down sequence (c). This would be probably more bearish in a longer run, because the entire rally from April 4 would begin to look like an unfolding A-B-C, correcting the entire Bear, which would have to resume upon the completion of C. This, actually, happens to be the preferred count of Steve Hochberg of the EWI. Looks like on his main count (in red) Onischka lives his options open, whether to call the current downswing 'C' or '2' clearstation.com There are more charts in the same update, but I don't speak German, and the automatic translations are hard to follow. wallstreet-online.de

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