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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (48934)	8/4/2002 5:57:21 PM
From: JWest0926	Read Replies (1) \| Respond to of 209892

AA- I clearly do not have the expierience of you or Shack in the art of E-wave. However, if the low is in in non-tech, wouldn't that make the correction seen on the weekly charts beginning in mid 2001 a weak ABC correction? Personally I am inclined to see the count as us currently finishing the larger 3 down off of the Mar 2002 highs. It is possible that we are in the 4 correction higher of that 3 wave down of larger degree? That would leave the 5 down yet to come in the DOW beginning possibly after this week? Just curious as to why this is not your favored count. My beginner analysis favors us in the B of the corrective 4, with the C up yet to come this week, followed by the final 5 down of this larger 3. Just fishing for more opinions. By no means suggesting my count is accurate. Any input greatly appreciated. JWest