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To: NOW who wrote (31740)2/20/2002 7:45:11 PM
From: velociraptor_  Respond to of 209892
 
You can if you count is as an ending diagonal.



To: NOW who wrote (31740)2/20/2002 10:10:41 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
Nope. No way that I can count the rise out of Sept lows as 1-3 with 4 happening now. Time scale is all wrong.

Bullish scenario would be that it was an 'A' rise and this is the 'B' down. That's the crowd that seens a rise to new highs as the VIX melts to 18. I am not in that crowd.

Like I said, I am long from yesterday's close and will let it ride as long as that entry holds, but I will key my strategy off that non-tech wedge I posted. Very simple.


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