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Strategies & Market Trends : Classic TA Workplace

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To: J_K who wrote (36411)4/17/2002 4:01:57 PM
From: 4rthofjuly007  Read Replies (1) of 209892
 
Anyone counting mr. softie? I think that most would agree that as goes msft, so goes the compx.

Am I wrong in seeing two very clear possibilities for counting down off the highs earlier this year?>>>

siliconinvestor.com

1) we have seen an A and a B and are in the middle of a C down which might resolve down in the $50 area around mid-May.

2) we have seen a 1 and a 2 and are in the middle of a 3
down which would resolve in wave 5 in late May or June closer to the low 40s.

Can anyone tell me, at a casual glance, if either or both of these are possible scenarios or do either violate e-wave principles?
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