Moomin Valley (formerly Troll-free Zone) Message Board

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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone)

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To: Moominoid who wrote (516)	2/18/2002 11:15:18 AM
From: At_The_Ask	Read Replies (3) of 2852

My counts are always legal dude. I have abondoned the count that had the last up as only a 4. I now favor that the move from the highs was a 1-2 and then 1-2. Nothing invalid about that. Just because there was an ED doesn't mean the entire down move is over, the ed merely terminated the 1 of 3 down. We had an ED and then an up correction. Now back down we go. The last up was corrective in nature. It is possible that the up from the 8th to the 14th is only the a and the down since was a b. This means that we get a c up next. The internals of the a do not look like an impulse move to me. A 1 that has a three wave form is probably not a 1.

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