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To: Shack who wrote (40630)5/29/2002 3:26:45 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
I'd wait, but that's just me. If it came to me then fine. You have to ask yourself what the r:r here is for you to want to chase.

Did they turn the machines off? It is trying to bore us to death now.

I vote for a quick flush now (when they turn the machines back on -g), but I don't care either way.



To: Shack who wrote (40630)5/29/2002 6:02:43 PM
From: ajtj99  Read Replies (1) | Respond to of 209892
 
Shack, I'm looking at the BTK chart (as it works as a canary for the COMP) and I can't figure what to make of this flag off the May lows:

stockcharts.com[h,a]daclyyay[d20010921,20020529][pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li14,3!Lh14,3!Lp14,3,3!Ll14]&pref=G

It appears to have 3-clean waves down from 453, but I get messed at what's after that.

I'm trying to figure a target for an ED. Without the extension last week, I'd have figured the flag a perfect 4, but now it looks a bit out of whack.

Furthermore, the ED target seems a bit too low based on the 1st and 3rd waves. The rest of the chart seems to count pretty well, except the topping process after the 5-waves up from the Sept. lows.

BWDIK, I'm an amateur. If Prechter wrote in to Forum maybe I'd read his stuff once in a while <G>.