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Strategies & Market Trends : Classic TA Workplace
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To: Shack who wrote (57610)10/24/2002 1:12:06 PM
From: 4rthofjuly007  Read Replies (1) of 209892
 
Shack, do you know of any counts that show 5 waves down completed recently from the 2000 highs that would call for an ABC correction for the entire decline?

I think that the tommybear count had called for 5 down completed last sept. with an ABC to take us into late this year. If the 5 waves down were not completed until recently, is it possible that we are just starting the ABC up that would last for 6 months or more and surpass at least 1 old IT high before we head back down to new lows?
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