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To: AllansAlias who wrote (31721)2/20/2002 5:44:49 PM
From: Shack  Respond to of 209892
 
Yes, that's the one. My only concern with it is the relative lack of structure in the 'a' which should be a clear 3 wave move, but that's minor.

I think tech will not make new highs but will grind up in a correction of the Feb 14 down.



To: AllansAlias who wrote (31721)2/20/2002 5:51:39 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
Hockey OT** Big day for the former USSR. Russia moves on to likely face the U.S. Khabibulin looked like Tretiak.

Canada's road to gold suddenly looks like a gift. They best not screw it up.



To: AllansAlias who wrote (31721)2/20/2002 6:01:50 PM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
Allan,

Could that C also be a 3? Thanks.



To: AllansAlias who wrote (31721)2/20/2002 6:24:54 PM
From: patron_anejo_por_favor  Respond to of 209892
 
<<Here is a picture of the Dow scenario I suggested we need to follow very closely>>

SWEET! Load up on poots, and bring yer friends!<G/NG>



To: AllansAlias who wrote (31721)2/20/2002 6:40:04 PM
From: NOW  Read Replies (2) | Respond to of 209892
 
No way to count the Dow daily as in a five wave advance off the sept lows, with us now in a complex 4 and 5 to come to new highs?



To: AllansAlias who wrote (31721)2/20/2002 7:02:50 PM
From: Moominoid  Read Replies (1) | Respond to of 209892
 
Another possibility is that it is a wave 2 triangle currently in wave d. But I don't buy the triangle interpretation. For instance the move out of 8 Feb seems to have 5 waves to me:

cres.anu.edu.au

Though it could be a three wave if wave b is just the one candle down. The stochastics support a 3 wave structure there, and that is what must be in the NAS.

Overall the Dow count is very confusing since December. My best guess is it is some sort of complex correction.

I haven't labelled a bigger count, but what I end up with on my 60 minute chart is a flat and then 1,2.

David