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To: marginmike who wrote (69334)3/22/2003 5:04:29 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Yes, we are still in 'iii of C' -- been there all week. The Dow target for C=A was 9265, which seemed almost absurd last weekend, but now looks doable, given one of the longest weekly white sticks in the history of the Dow.

Having said that, I am much more attracted by the NDX structure than the Dow structure. There is no need for us to follow everything. If we see that the opportunity is in NDX, then we more or less ignore the Dow.

If I were around, I'd be looking for a turn Monday into 'iv of C'. Thursday this week we went into the wiggles and called for a '(v) of iii of C' -- the ending push, and in that wiggle timeframe, it looks to me like 'iii of C' is very close to done.