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Strategies & Market Trends : Classic TA Workplace

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To: jjstingray who wrote (110998)1/2/2005 9:00:15 PM
From: Galirayo  Read Replies (1) of 209892
 
Sting, I know what you mean. I wouldn't call it a ...

Classic IH&S. But it does have some of the characteristics with the exception of the Down Trend and Particular Vol Spikes. So, unless someone disagrees I'd 'like' to call it a .. Short Term or Mini IH&S in progresss of formation, for lack of a better description. Resolution is yet to be determined as are the resolutions of the current wave counts. But my best guess is "I like it" , (said in a Chevy Chase impression). And I think it's close enough for charting and forecasting work. But we all know it's a bit like the weather.

Gann Fans .. Fib Fans ... How does one count waves if they don't use one of these 2 fans?

elliottwaves.com

I'm just asking because I'm curious.

tia,
Ray
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