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Strategies & Market Trends : Classic TA Workplace
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To: bcrafty who wrote (133115)5/29/2006 10:38:42 AM
From: Henry J Costanzo  Read Replies (1) of 209892
 
BC....I think this chart illustrates what you were suggesting as an alternative NDX count:



As with so many possible EW counts, I am puzzled as to the relative merits and acceptability of an 4/05 low in comparison with an 8/05 low. I don't see any objective way of settling the issue, but prthaps some of our more accomplished E-Wavers may weigh it.

Assuming, however, the validity of this count....and that I am reading you correctly.......... I am not sure how you then arrive at the judgment that:

<<.........This proposal allows for more down for the next few months...>>......????
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