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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: jjstingray who wrote (248)5/14/2002 6:46:49 PM
From: ajtj99  Respond to of 30712
 
jj, as subjective as e-wave is, I have to admit that Shack and AA nailed this move perfectly so far. They are looking at this as an abc correction off the low, which should be followed by another 5-waves down. The difference is that Vess thinks the down wave from Jan-May is the end of the down wave. These guys do not.

There is another possibility, and that is that this is a 5-wave up that could take us to 1823. Textbook-wise, the structure probably lends itself ideally to the abc corrective option, although I am no e-waver.