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Strategies & Market Trends : Classic TA Workplace

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To: Clappy who wrote (40050)	5/23/2002 11:45:03 AM
From: AllansAlias	Read Replies (1) of 209892

What about time targets? (See previous diagram siliconinvestor.com The 'a' leg was quick. About 70 minutes. If the 'b' low is now in: * 1st price target from the 'b' low for a=c is 1285 * when would the 'c' leg end? I would favour that the 'c' high is put in by 2:15 today. This forst time target is an ideal based on having no price action for the 'c' yet. When we get some structure, we'd have a better idea of a time target. Like I've already said, I am not trading this corrective wiggle. If there had been any fear, I would have considered it. edit: I should have said "what I think is a corrective wiggle".

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