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Strategies & Market Trends : Classic TA Workplace

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To: Shack who started this subject	2/12/2002 3:04:48 PM
From: velociraptor_	Read Replies (2) of 209892

This up has unfolded into 5 waves rather than a corrective....and has made new highs in the indexes which suggests the drop this morning was the corrective and the rise could have been the last part of this rise. If the indexes fall below the lows of today, we should see a pretty good down move develop. 5 waves up looked complete yesterday, but could this have been the 5th?

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