Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 48.79

-1.7%

Dec 11 4:00 PM EST

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To: robert b furman who wrote (610)	2/5/2002 12:38:56 AM
From: Moominoid	Read Replies (2) of 207308

I didn't give up - redrew the chart and it looks nicer: cres.anu.edu.au This will be violated if there is an immediate move below the current trendline. I guess there could be some more waves in the ending diagonal. As drawn with 5 waves that seem to break into threes it should be complete. Another alternate count has the first wave up in what I have labelled as the ED as 4 of C so then only 3 waves of the ending diagonal are complete. I just tend to have a bullish bias that makes me think things are finished before they are :) I definitely agree on the multiple approaches. That's my approach to science too. In investing I try to get some sensible alignment of TA and FA too. David

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