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To: Shack who wrote (32874)3/1/2002 7:25:01 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Wow. What an impressive chart! And I was the one trying to present the Bear case <g>

How did you obtain the “early 2000 upper channel line”? It seems I can’t replicate it. Is it a parallel of a lower line of the channel? Thx.



To: Shack who wrote (32874)3/1/2002 10:52:31 PM
From: AllansAlias  Read Replies (3) | Respond to of 209892
 
You know of course that the very bullish alternate there is changing the labels thusly:

Your purple "A" become a B. The "A" low in this scenario occured on Feb 14 (the low on the left of your chart).

Your dark red "(A)" becomes the "C".

So, that would give us a complete correction with us now starting a new impulsive leg up. It counts just as nicely as the bear count.

(re: marketswing.com


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