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To: JRI who wrote (760)4/24/2001 1:40:24 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 209892
 
LOL, depending on your interval one could argue we are in the 1st wave?.....I suppose it is only relevant to what and how you are trading or using these waves? I have a friend who counts 1min waves on futures but he trades every single wiggle....support resistance is possibly a better indicator for market direction or individual stocks....but, it's hard to be fooled by moving averages no matter what you are looking at or when. Hell, I'd rather use the tick.nq for a reference.

JMO



To: JRI who wrote (760)4/24/2001 3:15:44 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
Well I took profits, there may be a little to go but we are near the last bit o' the 'a', and I will wait in the weeds for the 'b'. The map strikes again.