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Non-Tech : Raptor's Den
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To: velociraptor_ who started this subject1/28/2003 11:50:33 AM
From: velociraptor_  Read Replies (1) of 10157
 
My best guess at this point is that we have either already started to drop with the completion of an abc on the low at today's highs and are now in a consolidation or we are in another abc. If the latter is true, the first abc is the A of a larger ABC and we are now doing the B wave with the b of B in process now. That means we should get a short sharp rally once this is complete but it shouldn't go much past the last set of highs near 8075 on the DOW. The pattern overall in this case, should not go much past tomorrow afternoon and may complete today.
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