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Strategies & Market Trends : Classic TA Workplace

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To: M3SMG who wrote (173749)	11/21/2008 2:30:26 PM
From: The Freep	Read Replies (1) of 209892

That's an even more bearish count than mine, that's for sure. I can't say as it's not possible (look at the financial crashes and extrapolate out!), but it's not my preferred. I also don't know who this "everyone" is who is looking for a low in December, though I'm pleased to learn there's a Bradley date near my turn guess, too. I guess I see everyone talking about bounce points rather than thinking about downside. If this truly is the end of 3 down, of course, that means we'll have a 5 down at some point, so maybe that's when your trendlines come into play? That seems more likely to me, but I'm actually more focused on the shorter term here.

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