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Strategies & Market Trends : Strictly: Drilling II

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To: nspolar who wrote (15897)7/18/2002 10:18:32 AM
From: chris714  Read Replies (1) of 36161
 
Maybe it was just a typo...but I am trying to understand your talk of this being a " corrective down..to be followed by an IT corrective up"

how can a corrective wave follow a corrective?

While I am a relative newcomer to wave theory....I would count the current down as corrective....to be followed by an impulsive up.

Hey, very interesting post regarding the possible differences between this down and 1929...I had not thought of that aspect....Sounds like some of the stuff I used to read regarding K wave ....and Heinz etc....I miss Heinz

I am still trying to figure out my entry points for GLG and NEM.
GLG has some definite support at 8.25......but I have a feeling that it may fall thru...TO Where-- that is the question.

Chris
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