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To: JRI who wrote (56944)10/17/2002 4:04:24 PM
From: Shack  Read Replies (3) | Respond to of 209892
 
Yup, pretty much the same. The 5 waves off the Aug 22 top is the key. The bulls have the 5 waves off the Aug 22 top as a terminal wave but I can't see that at all..what would it be completing?

From a TA perspective, one can keep it simple. We have a monster H&S on the SPX which is still in effect and very little support down to 4000. End of story.