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To: velociraptor_ who wrote (33361)3/6/2002 10:32:35 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
MER is having a nice run. Blew up out of that consolidation and hardly stopped at 50 or 200. Pushing up through .618 now off recent high. Wonder what Lassie is saying there? It sure is hard to see the recent decline as a complete correction.



To: velociraptor_ who wrote (33361)3/6/2002 10:36:57 AM
From: bcrafty  Respond to of 209892
 
I see the 3 waves up on the daily

But my original comment to JRI about the triangle was referring to 5 waves completed up on the 15-minute charts (hourly, too), as I thought he was referring to a shorter timeframe with his comment about the triangle being a 4.

I agree about stepping back until things solidify further.


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