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Pastimes : Market Timer's Hall of Fame

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To: At_The_Ask who wrote (120)10/18/2002 6:27:22 PM
From: Moominoid   of 121
 
I'm thinking that the move down since December is still an ending diagonal. But it seems the middle wave is extended. Well I've been fooled a lot of times. One was by the wave extension here. Also I thought Australian markets would be more resilient than they have been. The big gold rally didn't really materialize.

rpi.edu

Of course alternative counts are that instead of C that wave down since December is 5 of A.

Maybe you can see more interpretations.

Given that we are in 1 or B.

I think it is relevant that the current move does break out of the downchannel.

David
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