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Strategies & Market Trends : Classic TA Workplace

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To: ajtj99 who wrote (121200)	6/29/2005 12:12:15 AM
From: The Freep	Read Replies (1) of 209892

The thing is, AJ, that B waves can make new highs, so the same count on AMD and the COMPX is perfectly fine. It coulda been 5 up that made a bare new high, but it could just as easily have been a B of 4 (or B of 2!). And since the NDX is supposed to be the dominant one... and it didn't get that possible 5 up... it ads credence to that 2106 being a B top, imo. In this case, we'll likely know by the weekend. In the big bull scenario, we rally like a mofo after the Fed.

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