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Strategies & Market Trends : Classic TA Workplace

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To: Paul Shread who wrote (50157)8/15/2002 11:08:33 AM
From: AllansAlias  Read Replies (1) of 209892
 
BTW, the scary bullish alternate goes back to the idea that Dow low is in for many months, maybe years. For fun, presume that is the case. Now, off the lows, take some of the stronger Dow stocks, like KO (or just use the Dow) and count off the bottom. What you see is that we'd be somewhere at the beginning of 'iii of 3 of 1'.

This is not news. Yesterday did not make it happen or make it visible. It would have been any Elliott person's view of the really bullish alternate.
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