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Strategies & Market Trends : Classic TA Workplace

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To: At_The_Ask who wrote (64701)	1/27/2003 11:35:42 AM
From: Perspective	Read Replies (2) of 209892

BTK - my single best idea right now. If you like AMGN setup, you'll love this: ttrader.com Elliot doesn't provide any clearer mileposts that I know of than contracting triangles. Very high probability that they are pauses in the overall trend, with a significant turn to come after one last impulse. BTK has five alternating corrective structures, in a contracting triangle formation. I'm watching that support line closely; failure should easily lead to a retest of the July low. BC

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