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Strategies & Market Trends : Classic TA Workplace
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To: Moominoid who wrote (57708)10/25/2002 10:00:39 AM
From: Shack  Read Replies (1) of 209892
 
I don't think that's an ED David. It exhibits none of the characteristic of a diagonal. Price is not contracting, there is not much wave overlapping, and where was the bull/bear confusion? That wave was a bear's dream.

I can accept it as a terminal wave but we didn't get the requisite indications that this was a bottom of substance. I feel confident that it will not hold in the intermediate-term.
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