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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: velociraptor_ who wrote (13087)	3/23/2001 1:55:33 PM
From: Rambi	Read Replies (2) \| Respond to of 37746

You sound like you're checking on a turkey. "A little more to go--- back in an hour..." While I, the new sous-chef, am afraid to leave the kitchen-- sure that the oven will go out, or the turkey will self-immolate or something.

To: velociraptor_ who wrote (13087)	3/23/2001 2:11:41 PM
From: marc chatman	Read Replies (1) \| Respond to of 37746

Raptor, I'm guessing that the C-wave of the rally off yesterday's low (at least for the djia and spx) was what started around 12:45. I am now seeing some technical divergences on the 15 minute chart, and we could complete C shortly by making new marginal highs for the day. I still can't figure out the count for the COMPX. You could be correct about the next turn at 3pm, which could be the conclusion of this rally, although it looks like it could fail a bit sooner. If I can ask, how do you determine the times for turning points so far ahead of time?