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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (5408)	6/20/2001 9:57:48 AM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

I should explain the indecisiveness of that last post. My best wiggle guess is that we are in a wave 4 with a down leg yet to come, but I have not a lot of confidence in this. We have often spoken of the middle, or meat and potatoes, of a move versus the desert in a move. Heroes can call the last down, but I am not one. I think we might be in a wave 4 here, but trying to catch the last leg down can be deadly. It's the point in the trend where the latecomers are drawn in. I hate wave 4's -- we all do. By design they are meant to confuse. The close alternate for me is that this morning's gap down finished the move -- it was the 5.