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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (7030)	7/13/2001 8:21:45 AM
From: Lee Lichterman III	Read Replies (1) of 209892

As you know, I am no expert E-waver but I am curious as to a count I don't see anyone posting. I can easily count 3 waves down to the April low. I can also easily see a 2 wave pattern off that low which has me wondering why we can't have just finished the last part of a "B" of "4" with a "C" of "4" starting now. This last push up would of course be the precursor to an impressive wave "5" down this fall ( pardon the pun -ggg-) I am thinking we could rally up to around 2400 COMPQ on that 4 before the plunge in the most bullish projection. I would expect to retest the 1600 Area in the 5 when it hits. Is there a reason this count is invalid? (Sheepish Edit) - I see you are saying this if I read your last post correctly. Ooooops! TIA and Good Luck, Lee

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