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Strategies & Market Trends : Classic TA Workplace

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To: Galirayo who wrote (164079)	3/7/2008 10:14:50 PM
From: Henry J Costanzo	Read Replies (3) of 209892

2 Alt charts...unless I'm missing something, they both look the same to me?? Where you "went wrong" was in your first decline from Oct...As I have discussed with jj....in your 1-2-3-4-5/1 ....Your 4 overlaps 1, and that's a no-no...Turns the whole thing into an a-b-c 3-waver..and that makes your red 1 an A, your red 2 a B, and your red 3 a C...and voila..end of correction....as I have posted charts showing ad nauseam.. In any event, looks like we're there and will know definitively very soon whether my read a pipedream.....just another brilliant idea to be thrown into the dust bin of history..sigh BTW...Just to make clear...Though I'd much prefer...as I said...if you and ER retired to private quarters for your discussion, KW an economic theory you are quite free to discuss publicly on the thread...after hours...along with the theories of Keynes (his "General Theory Of Employment" still a great...if erroneous... read), Schumpeter, and anybody else.....but don't you dare try to use those theories to project market moves...LOL

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