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Strategies & Market Trends : Trend Setters and Range Riders
MSFT 451.15+1.6%Jan 22 3:59 PM EST

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To: Dave Gore who wrote (21363)7/29/2002 2:44:08 PM
From: velociraptor_  Read Replies (1) of 26752
 
Dave,

The pattern has changed from a triangle to a 3-3-5 flat on the low. The triangle was actually the 3-3 part of the pattern. The fact that the initial move off the low was only 3 waves does not change the outcome...only the type of pattern has changed. Any time you have a 3 wave move off the low, it can only be corrective.
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