Moomin Valley (formerly Troll-free Zone) Message Board

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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone)

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To: Moominoid who wrote (742)	11/21/2002 4:02:33 PM
From: Henry J Costanzo	Read Replies (3) of 2852

On seeing your post, I referred back to the Onischka chart, and horrified to see that my note to you this morning was completely WRONG! I assumed his chart took in the action since Oct 10 - but instead, it was a 15 min chart beginning Nov 11-12....Sorry... Apparently, 5 of 5's CAN fail, and may not reach new highs, so I wouldn't argue with that part of your count. What I would off-hand question, though, is your more recent corrective count..... I would tend -- I think-- to have the a-b-c correction end Tuesday the 19th, marking a wave 2 on that date, with yesterday and today part of a new wave 3 up. Latter would tie in with traditional TA, where I see an ascending pennant since Nov 4-6 completed with today's breakout, which has a measured count up to about 1170.

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