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To: velociraptor_ who wrote (11150)8/26/2001 6:37:43 AM
From: john722  Respond to of 209892
 
Naz 1923! I'm

betting we turn down Monday after a going to 1923-55. I would love to be in the Bull Camp, especially since everything is pointing to a nice rally (i.e trendlines, adv/dec, arms ...)
except the Vix (although it gone down to 18 this time last year. I'm just betting we are in the 4 of C with 5 to come.
A close above 1938 will definately change my mind.....



To: velociraptor_ who wrote (11150)8/26/2001 11:56:11 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
Hey Velo, I was over on your site tonight and saw that you have the rally in the DOW as an impulsive off the Aug 22 lows. I just can't make that '1' work. It is a clear 3 count.

The only way that works is if the '3' is subdividing and we are in the '4' of said '3'. That being said, it does appear that a consolidation is in place which should give us another high.