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To: Shack who wrote (1376)4/30/2001 3:21:32 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Without regard to where we are, but just commenting on your "feels" comment:

This down could easily be a 4. That last part of the deline would be the 5 of a 3-3-5 zigzag 4.



To: Shack who wrote (1376)4/30/2001 3:37:13 PM
From: JRI  Respond to of 209892
 
Geez....Velo was spot on today....wish I would have checked this earlier... :(

To:Sharck who started this subject
From: velociraptor_ Monday, Apr 30, 2001 10:16 AM
View Replies (3) | Respond to of 19400

I think we top out today. Likely upper targets are...
DOW 10,900

SPX 1268

Naz 2165

The particular rising wedge pattern now forming in all indexes looks pretty solid and has eliminated a variety of counts going forward. Look for a decline worth to begin soon, though not new lows. Likely, those lower gaps (Naz 1920, SPX 1192) get filled at a minimum. I am expecting another rise to follow that should take the indexes higher. Details at my site if you have not been there yet. This is a pretty high confidence scenario so far.

raptorgroupresearch.com