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Strategies & Market Trends : Classic TA Workplace
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To: AllansAlias who wrote (16946)10/17/2001 4:07:43 PM
From: Paul Shread  Read Replies (2) of 209892
 
Allan,

Given that the 5-wave rally lasted more than three weeks, wouldn't you expect an A-B-C correction to last a while before we get the Big C up -- i.e., we just finished 1 complete wave down of the 5 that will be A? Or do you view this 5 as the completed A? Thanks.

Nasdaq entered its gap - ruins the scenario for an island reversal the other way. <g>
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