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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (22291)11/25/2001 5:51:51 PM
From: Shack  Read Replies (2) of 209892
 
Do you agree with that labelling for the 'V' off of 1982? As we have discussed before, we could be just in a (iv) of V of [V]. BTW, this guy thinks the 1987 crash was just just one leg of a minor degree correction. The DOW lost 40% in that wave off the Aug 1987 high, seems like it should be a higher degree than that.

Still think we could get a new high after this bear. Here's an old count I've been tracking. I don't trade off it of course. its just for fun:

angelfire.com
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