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To: At_The_Ask who wrote (70870)4/8/2003 1:44:55 PM
From: NOW  Respond to of 209892
 
Breaking news: Saddam still dead.
Or taking a long vacation on the Riviera with a new name, a new face, and lots of $$$$. (thats my best guess)



To: At_The_Ask who wrote (70870)4/8/2003 2:03:06 PM
From: AllansAlias  Read Replies (3) | Respond to of 209892
 
The count is valid for NDX and SOX, and, depending on one's tolerance for an orthodox bottom in COMPX, perhaps there too.

Your contention about the market being so tightly correlated is incorrect. The Dow often makes moves without tech and vice versa. If it were correct, then the Dow would also have shed 80% of its value off the ATH, and we know that is not so.

It is not a basic tenet of Elliott to "check a related market". Folks often do that, but it not a part of Elliott theory.

Who is making a broad market call based solely on NDX? For my part, I have only been discussing NDX while leaving non-tech out of the picture.

If you want to argue about 'big C' in non-tech, then take it up with Shack, but do not paint with so wide a brush by stating so categorically that I have been wasting my time with something that can not exist.



To: At_The_Ask who wrote (70870)4/8/2003 2:15:45 PM
From: bcrafty  Read Replies (1) | Respond to of 209892
 
ATA, other than Allan and Shack on the big C
Keller also has it, and he's the only one posting anything close to an annotated chart on it, but his annotation might not be enough for you, depending on what you have in mind.
See chart C: Dow daily - 6 month
stockcharts.com

Onischka also has it on the Dow
Scroll down to the bottom and it's the 15th one -"Dow Jones: at short notice friendly Dow Chartt"
translate.google.com

My poll was not so much an endorsement of it as it was a query to see how many people either agreed or disagreed that we were in "big C"

To follow up on Allan's last comment, there are a few instances I can think of when COMP and the DOW were out of sync, including 3/02 and 10/00 being among the most recent significant examples, so I suppose that each would follow its own individual count at times of divergence with other indices.