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Non-Tech : Raptor's Den
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To: ajtj99 who wrote (5489)11/11/2002 5:38:31 PM
From: Shack  Read Replies (1) of 10157
 
Well assuming this will be a 3 wave move (always the better bet) then we are obviously in the 'C' down off the Nov 6 swing high and we should look for 5 waves and a fib relationship to 'A'. Well this Nov 6 wave looks to be extending so the count is not clean but I would venture to say that we are still in the '3' of 'C'. The next fib relationship to 'A' is at 955 where C=2.618A and there is support there. I will be taking profits at that point.
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