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To: AllansAlias who wrote (3411)5/24/2001 10:30:02 AM
From: JRI  Read Replies (1) | Respond to of 209892
 
Yes, but you admit that the most likely scenarios are still that we are in 5 or that a c is to come (in any corrective wave)....

How would collapse here count out? I'm confsed...thought that was largely eliminated under any wave count...

I see we are indeed collasping...or if not..close



To: AllansAlias who wrote (3411)5/24/2001 10:31:14 AM
From: Perspective  Respond to of 209892
 
Smelly made new lows just then. However, as I pointed out last night, it looks to be nearly done with its first leg down, and from a TA perspective, still has one last chance to catch on the shelf from a couple of days ago.

See the jobless and new home numbers? Sounds like those rate cuts may not be taking hold...

BC


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