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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (62876)	1/6/2003 8:22:42 PM
From: Shack	Read Replies (1) of 209892

I'm curious as to which charts are showing the need for another high. As you know I am tracking this as a powerful 'c' up and I see 5 waves up up (or extremely close to it) in most key indices. The BKX for instance (perfect symmetry between the 3 and 5...yes I know that is not as common as the 1-5 symmetry but I believe the guideline is simply that 2 waves will trend towards symmetry). Same goes for the COMP, SOX and most of the NWX. My favourite completed correction is the move on MMM off the 18th low. That is a textbook 5-3-5 correction of which Elliott would have been very proud.

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