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Strategies & Market Trends : Classic TA Workplace

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To: The Freep who wrote (30892)	2/12/2002 10:12:07 AM
From: AllansAlias	Read Replies (1) of 209892

Freep, I am looking at this as corrective for the simple reason that I think we had a 5 wave move into yesterday's high. So, I can not reasonably make it out as a C wave in the larger context, so that tells me it is probably just the first move of something larger. A corrective move is rarely just 5 simple waves. It's never supposed to be that, but the markets don't read Elliott books.

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