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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (6316)	7/5/2001 3:15:31 PM
From: JRI	Read Replies (1) of 209892

Let me be a total nerdy here....SORRY NO PICS... but I am "guess-estimating" that if this current wave counts out to be impulsive, and we are maybe in a 1 down (currently end of 3 of 1?).....that would set us up nicely for the big 3 (of this impulsive down) to begin in that important July 17-21 turn window.....and it should be horrid down... It follows then.....that maybe we are about to do a 4 of 1 here soon (off of 2084...or maybe a shade higher)...then, the end of the 5 of 1 (early next week/late Friday) gets us a bounce off that upward sloping line off the lows....somewhere around 2050-2060.... End of 1 Then big 2 corrects for a few days (thru end of next week).....challenging, but never getting above 50 day DMA or downward sloping line off highs....dying around 2130-2140 Then, we are set-up for big 17th of July down.......this "scneario" now fits everything I'm tracking in one nice, neat package with few holes (except for no "fake" break of the downward sloping line off high...which may not even be necessary if big short-covering occured between June 15th-July 1st....and maybe on any up during 2 next week) I can dream, can't I?

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