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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (75651)	6/9/2003 10:34:38 AM
From: JRI	Read Replies (1) of 209892

Upon 2nd reading, the 1195-1200 level that Onischka identified could (but does not have to be) a place where the 'a' of 4 could end...and then we could see a move to 1240 for the 'b'. Again, Onischka was pretty hedgie on that. Main thing, he sees a larger 4 down to 1170 here. Which means/he states that he sees Friday's move as the end of the 3 (of C), which he called a (close to) 162% extention.. One final note: He mentioned something about Friday potential being a zig-zag (zickzack) but one cup of coffee, and given it sounds like a deep alternative scenario for Matthias, I refuse to translate/reread that one..g,ng

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