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Strategies & Market Trends : Classic TA Workplace

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To: jjstingray who wrote (68099)3/7/2003 5:55:10 PM
From: Moominoid  Read Replies (1) of 209892
 
Even my one with the ABC correction has such a long and flat wave C we don't eventually go down very low. So that is what is making me think the triangle is correct. That will be a short sharp correction to come in the next week or two and then up and away. What was my preferred scenario could drag on for months.

Your target for the big rally C is conservative. Based on 1.618*A (Oct to Dec) I get 1900 or so on the COMPX.

David
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