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Strategies & Market Trends : Classic TA Workplace
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To: skinowski who wrote (124623)9/30/2005 3:49:17 PM
From: Perspective  Read Replies (2) of 209892
 
Not saying the decline into May 04 was an impulse. I'm saying it was a three-waver down for "A", followed by a very lengthy alternating set of threes for "B". I've seen that pattern so many times. So if it did poke to a marginal new high, I'd still be inclined to call it a "B" high with reasonable potential for a quick reversal.

BC
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