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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (75301)	6/4/2003 8:26:30 PM
From: the-phoenix	Read Replies (2) of 209892

I did miss that chart, thanks for reposting. One would expect a '4' wave to challenge the channel of the entire March 10th wave Which it did in my chart. Also the Elliott channel should connect the '1' and '3' on the top line. OK, forget the channel I drew, then. How important is the channel? Is it critical to the count? If not, that leaves: I don't like a more structured '2' than '4'. That is a very low odds bet. Any idea how or why Velo is counting this whole move off March 12th as a C wave in the COMP, but he has counted it ABC? I thought C waves had to be five wave patterns: raptorgroupresearch.com

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