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Strategies & Market Trends : Classic TA Workplace

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To: jjstingray who wrote (85855)	11/15/2003 12:23:22 PM
From: the-phoenix	Read Replies (2) of 209892

I like your A=C scenario, as that targets the .618 retrace of the rally from last November to the June high as well as a 1.27 "retrace" of the rally to here since July - another nice Gartley setup, this time bullish if and when it gets there. Downside target, then, is between 43.50-45.00. Time symmetry with the "A" wave would be 5-6 weeks from now. Maybe the stock gets a Christmas rally into the new year.

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