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To: Clappy who wrote (38776)5/10/2002 1:34:51 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
A few things:

1) Some leaders clearly lost any chance at a nice impulsive count.

2) It went on too long (a time projection issue).

3) It went too deep, too straight, to any longer favour it as a completing 4 of the immediate upleg.

Once the Voodoo Box discards the braches that are bullish, the road ahead becomes more dotted with bearish branches. (I am not kidding here -- it's very much like a lookahead based on a tree structure.)