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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (68948)3/18/2003 10:41:18 PM
From: Shack  Read Replies (1) of 209892
 
what would trigger it as the favoured.

Well I would begin to get suspicious if any pullback is too deep and especially if it goes on too long. If we are in a 'C' up the 'ii' should be fairly quick, anything too 'structured' and I being to look at it as a 'b' wave, not a 'ii'. But really these two counts will be congruous for me until any second leg of the move goes beyond 1.618 of the first move or beyond a 62% retracement of the Dec 2 dump. All IMO.

The idea of this being a brother up to go with the feb 13 move is nearly done for me. Dow 8245 and it officially dies.
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