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To: Perspective who wrote (1299)4/30/2001 1:44:55 AM
From: velociraptor_  Read Replies (1) | Respond to of 209892
 
That is really the only other alternative and in truth, actually solves the problem of where to fit what appears to be a leading diagonal in the grand scheme of things. If so, due to the magnitude of the move, then we are correcting a pattern of much higher degree. Also, the long awaited crash will be put on hold for a few months as we will still have all of B down and then C up to complete before we enter the next serious down leg.

This is the angle that offers the most promise and should be pursued in more study, in my opinion.



To: Perspective who wrote (1299)4/30/2001 7:56:34 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
NASDAQ Scenario Update:

No chart this morning. The favoured scenario has had a little morph thrown at it -- our little 'b' has become more complex. It sees us making a run today (I'll be watching COMPX 2096 or 2125 for it to stall) before beginning our 'c' down.

The backup scenario sees our little 'b' as complete and we now start a new up leg -- a big one -- that is our C. As unlikely as it sounds, I am giving this scenario more respect now given the late push on Friday.