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To: AllansAlias who wrote (563)4/20/2001 2:54:44 PM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
With the caveats that I don't know squat about waves and that I probably have a longer timeframe than most, I'm not so sure this whole leg up on the Nasdaq isn't just one wave up in an A-B-C correction similar to last summer's rally. I'm not sure if the 4/12-4/17 sideways consolidation was enough to qualify as a "B" or a "2." I offer this because I was just looking at the daily chart off the 4/4 low and it looks straight up to me.

Great thread, BTW.