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Strategies & Market Trends : Classic TA Workplace
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To: jjstingray who wrote (117705)4/27/2005 2:09:15 PM
From: Moominoid  Read Replies (1) of 209892
 
Can you explain that Dow count more. I know the Dow is hard to count at the moment. I figure that we are now in 4 of C down from the top in the Down and the whole move from the beginning of 2004 is a flat.

This is one reason why my preferred interpretation for the NAS since the beginning of 2004 is a flat rather than a triangle. I suppose a triangle is possible in Dow/SPX but it will be an odd looking one.
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