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To: Perspective who wrote (16860)10/17/2001 12:59:42 PM
From: The Freep  Read Replies (1) | Respond to of 209892
 
Bobcor -- do you have a read on non-tech? This was just our 3 of 1 all around, I guess, but non-tech really hasn't been giving nearly as strongly. Pretty much the same chart idea, though, I guess.

Interesting that wave 3 is either done or doing a little 4 of 3 of 1 here. This implies to me, anyway, that we'll still get the 5 today since we've still got 3 hours to go. Perhaps it'll bring us down into the close with a gap down tomorrow? A question though. . . if wave 1 finishes in 1 day (I know, we're not there yet), does that imply that this correction might be shorter time-wise that you'd expected?

thanks,

the freep



To: Perspective who wrote (16860)10/17/2001 1:01:14 PM
From: ru2  Respond to of 209892
 
bobcor, question from a newbie E waver if you don't mind. I am looking at the 5 minute chart of the qqq, are we just now building an extended three? EDIT:Assuming 1 started at the top of the gap.

R



To: Perspective who wrote (16860)10/17/2001 1:05:43 PM
From: JRI  Read Replies (1) | Respond to of 209892
 
Where are you counting the 3 from? Gotta a target for this retrace (and re-entry)?..I missed that last part..