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

To: Paul Shread who wrote (21301)	11/15/2001 3:54:13 PM
From: AllansAlias	Read Replies (2) \| Respond to of 209892

Just got back from the 19th hole... gotta run and pick up my son. To answer your question, when we get this sort of overlap, think coil. For Elliot, think diagonals and triangles. The first is always (nearly) ending a move. The second is a corrective pattern before the move containing the triangle continues -- they are b's or 4 (rarely 2's). Both ending diagonals and triangles have 5 overlapping waves in them. I have but glanced at the day, but it looks like the Dow might be doing an ending diagonal and tech looks like it's coiling in a triangle since yesterday. Won't have any time tonight to look at things. I'll be back tomorrow morning to confuse you even further though. -g Hope everyone had a profitable day.