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Strategies & Market Trends : Classic TA Workplace

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To: ajtj99 who wrote (33291)3/5/2002 9:36:15 PM
From: AllansAlias  Read Replies (1) of 209892
 
18 year Nikkei chart.

What if Japan kicks into gear? Been awhile since I posted Nikkei charts. It's certainly time to pay attention again.

I originally posted this on bearforum.com in response to a nice Velo chart showing the current move as a 'C', hence the reference to Velo.
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I count the down as complete with a larger correction possible. Certainly, as you point out, it may be only a 'C' wave in a 'flat' here, but I am open to something bigger. From a trader's pov, that sounds wishy-washy, but it's important for one to know if one is biased. I am not saying you are biased. :) At this point, I still like the 'C' call, but I'll kill it if significant weakness doesn't come to this chart.

angelfire.com
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