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

To: Doppler who wrote (26828)	1/6/2002 5:48:57 PM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

The count you suggest is what most people see -- that the Sep lows was the end of the first leg of the bear market. I am not buying this consensus. Like I said earlier, this is the count that everyone including Prechter is seeing. Why don't I believe it? Most importantly, the run into the Sep lows does not count as an impulsive wave. Nope, just doesn't work. Show me a count off the May high (the 4 high everyone is suggesting) that is a nice impulsive move. Second, I don't think the rally into May counts out as a complete correction. I believe so strongly in the notion of alternation, therefore, the 2 wave in a run should not look like the 4 wave. The 2 was sharp, so the 4 should be flat/longer.