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To: AllansAlias who wrote (1228)4/27/2001 3:32:38 PM
From: Perspective  Read Replies (4) | Respond to of 209892
 
I agree with Shack. I think our putative "b" has unfolded as a contracting triangle, although I am away from my rules list to verify that we aren't breaking any. I can easily count 3-3-3-3-3, if that's your opposition to the count.

I agree - contracting triangle covers Wed, Thur, Fri, and we're in "e" up right now. Should be a violent, downward resolution to launch the "c" we've been looking for. Just hoping it holds off until Monday so that I can have time to really sharpen the knife on this one.

I *love* contracting triangles; they are my favorite play around.

BC



To: AllansAlias who wrote (1228)4/27/2001 3:34:47 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
They do have to be 3's but that move off the Nas highs doesn't count as a wave. That was the move that brought us into the triangle. I'll post a chart.

Hold on.


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