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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (132361)5/4/2006 1:24:27 AM
From: The Freep  Read Replies (1) of 209892
 
I'm confused, MC -- if that's an ABC corrective wave 2, doesn't the C need to be impulsive, not another ABC? Not that I can come up with a crystal clear count by any stretch... though I suppose it could be a iii of 3 of C down is about to start. Another possibility is that what you label little b is actually the end of the B wave and we're in the C down now, and wedging to an end? That could work. One thing that seems pretty clear there is tha thte first move down off the top of your 1 was three waves. So whether that was really a 1 up or not, the move off it SHOULD be corrective.

Back to lurking after harrassing ya...

the freep
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