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To: Shack who wrote (57819)10/26/2002 12:14:52 PM
From: marginmike  Read Replies (1) | Respond to of 209892
 
shack seems like we are in a an a-b-c- with us being in a B flat that should break up by early next week. It should be quite the move if it even does 70% of the A.Your thoughts? Individual stocks like Qcom, DD show a nice clean count. The question is will this turn out to be a 5 up or a corective three? The 4 will be sharp so it will be a tough call.



To: Shack who wrote (57819)10/26/2002 1:32:27 PM
From: Moominoid  Read Replies (1) | Respond to of 209892
 
Sure a triangle in a down-trend shows the trend will continue down at its end. But a triangle in an uptrend is bullish unless we can determine it is an ED. But maybe it is neither. I don't think this postulated wedge is either a triangle or ED. It it just various patterns together as I suggest on my chart.


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