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Strategies & Market Trends : Classic TA Workplace
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To: JRI who wrote (66894)2/20/2003 11:11:01 AM
From: Shack  Read Replies (3) of 209892
 
Yes the 5 up came and it was truncated (failed to make a new high) SOX did though.

I am not going to answer the first question because I have no idea. The larger count is and has been, we have either just finished a 'c' wave in a running correction (which I believe began Jan 27) or we have just finished the first wave in a large upmove which will evolve over the coming weeks.

The structure of the down, should we get any, will be important in determining which it is.
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