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Strategies & Market Trends : Classic TA Workplace

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To: IHateSourCream who wrote (123417)8/29/2005 9:50:39 PM
From: Henry J Costanzo  Read Replies (2) of 209892
 
As you see, I'm very slow annotating.......but I have annotated an SPX daily chart, and an SPX 30 minute "wiggle" chart...(FYI I much prefer to work with daily charts, and...maybe irrationally......am suspicious about working with counts from wiggle frames)..

So passing on to you, as essentially self-explanatory, my AAC of the SPX....from the early Aug high...

I am not attempting any longer-range count of the SPX....I long held on to an AAC indicating that everything since early 2004 constituted a large CORRECTIVE wave in the wave movement since the 2002 low....It kinda looks way off base now, of course, but I have not completely abandoned my affection for it...or discarded it.......But I'm sure everyone will be grateful (especially Shack) if I I did not pursue that any further at this time.........LOL

And now...will be interested to hear what others have said about this....vbg

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