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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (60258)11/22/2002 9:18:42 PM
From: bcrafty  Read Replies (1) of 209892
 
Allan, "no Elliotician knows"

Does anyone ever know for certain? <g> Nevertheless, velo, Keller and a few of the regulars here have taken a stab at it each day throughout this six week rally, although I'm sure they had epistemological reservations about their wave counts ;~}

I still agree with your #3 scenario in your post earlier this month, except that "we soon turn down to new lows" looks like it will mean early-mid December rather than the post FOMC early November time some of us here were originally thinking.
Message 18213146

Velo still agrees with that scenario, as his charts of both the Dow and COMPX weeklies show the entire move off the October low as a C.
Message 18213146

BTW, if we don't get a trend change this month then Tommy Bear's two year streak at correct calls on the monthlies will come to an end. He had the current up move (from July) ending in October, plus/minus one month
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