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

To: Jerry Olson who wrote (63554)	1/12/2003 6:50:39 PM
From: skinowski	Read Replies (2) \| Respond to of 209892

Jerry, we had a decent-looking impulse out of Dec. 31, followed by some more or less horizontal action, so, I’d say the odds are good for more upside… The COMPX/NDX, however, might be forming an Ending Diagonal (folowing the impulse), which is a bit of a warning for bulls, since the entire move in this case can be seen as nearing completion. (When the going gets tough, Elliotticians turn to trendlines… If the line out of Dec. 31 is broken, the rally is in trouble… -g) Zoran is an interesting guy. Maybe I’ll read some of this Neo-Wave stuff. One thing I know – much of the action during this Bear doesn’t fit comfortably into the traditional EW. Maybe those fellows are up to something. Anatole, the ski guy… (that’s what I really SHOULD be doing… -g)