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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: augieboo who wrote (26247)	1/25/2003 8:01:54 PM
From: Moominoid	Respond to of 30712

Moominoid, if Velo sees the move down from Jan 15 as an A-B-C correction in progress, what is the larger structure? No the move from Jan 15 is just wave C. Jan 15 is the top of wave B. This correction is ongoing since December. I see the move up from October as wave A and now we are in a B down that breaks down into that ABC. Here was my chart as the B wave was completing: rpi.edu The implication is that this is a triangle or flat (I think flat wave) that is just wave A of a multiyear B wave in the NASDAQ. The large wave A down is from Mar 00 to Oct 02. But maybe Velo still thinks we are in wave C of that big wave A. I'm not sure as he stopped posting longer term counts. Here is an earlier chart showing the end of the big A wave down: rpi.edu Looks like I need some new charts with the roadmap forward on them :) moom