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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Gary Burton who wrote (64303)	12/15/2000 2:26:07 AM
From: Stcgg	Read Replies (2) \| Respond to of 99985

Gary.......... The recent upmove on the Naz was more likely an abc.. My problem with that analysis is the count falls shy of the required fib retrace levels of the previous 5 waves down from 09/01, also the move from 11/30 to 12/11 was 5 waves which negates it from being an impulse wave in the primary bear trend.. If 11/30 completed 5 down, the 61.8% fib retrace measures in at 3596.40.. stockcharts.com[W,A]DECAYIMY[DC][PB50!B200!F][VC60][IUB14!LF!LC20] >><<