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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (22294)11/25/2001 6:48:19 PM
From: skinowski  Read Replies (1) of 209892
 
Why ‘just for fun’? I mean, is it that you have a better count, or is something wrong with this one?

Let’s say the big blue A and B get renamed into 1 and 2, and now we are finishing the rally which is the wave 4 of 3 down.

I have a question: Is it acceptable that this 4 of 3 would overlap the bottom of the original big ‘1’ down? I believe there is a guideline against it. If such a count turns out correct, it would, I suppose, put us on the verge of a 5 of 3 [or C] down.

angelfire.com
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