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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (121748)	7/8/2005 11:11:32 PM
From: Henry J Costanzo	Read Replies (2) of 209892

<<.... I have much of the market heading into a 3/C up.....>> ....and along those lines, here's my latest stab at counting the COMPX. If this count is valid, the long major correction from Jan 2004 was finally completed in April, and we are now in the early stages of a major 5-wave impulse up. I am calling the completed correction Major Wave IV, off the 2002 low,, and the new move up a Major Wave V (in keeping with my inveterate long-term optimism/bullish bias.....g). However, less exuberant types might prefer to label these waves as Wave B and Wave C, off the 2002 low... home.twcny.rr.com

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