Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jorj X Mckie who wrote (63506)	1/11/2003 3:40:05 PM
From: UnBelievable	Read Replies (1) \| Respond to of 209892

The Correction Is Always Opposite In Direction To The Primary Trend 1998 - 2000 does not meet this criteria. Its pretty difficult to develop a count that does not have the time from April 2000 on (some would say until October 2002) as corrective.

To: Jorj X Mckie who wrote (63506)	1/11/2003 3:54:47 PM
From: UnBelievable	Read Replies (1) \| Respond to of 209892

It Would Be Possible That 5 Waves Down That You Identify All comprise the a wave of the abc correction. If this were they case they should be shown in the blue which you are using to designate the next lower order. Under this count the red a would be in the same place that you are showing the currently red 5 to be. The 5 would still be there as well but it would now be a blue 5. This is generally a much more bearish count than many practitioners have been willing to embrace although not difficult to imagine nor would it be inconsistent with wave analysis rules.