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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (80723)9/7/2003 5:31:03 PM
From: Shack  Read Replies (1) of 209892
 
I think the move off Aug 6 should channel better if those two corrections are of the same degree. Of course the Jello of the last couple of days could continue until it does.

I will say that the Aug 22 correction sure looks like a '2' wave. There is a good chance that the move off that Aug 26th low is a '3' wave and we are going to subdivide from here.

Was looking at the DOW today and if we get a 1.618xA for the 'C' wave it means we are going to 10400-10500. I am now giving a lot of weight to that possibility.
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