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To: DrO who wrote (78446)8/5/2003 10:31:04 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Nice chart, but it is not EW, since your wave 2 went way lower then the origin of 1. (edit - ... and wave 4 overlapped. Unless, who knows, maybe it is some sort of an unusual "running" Leading Diagonal... g/ng)

The setup actually reminds me of something I read in a Linda Raschke's book a few years ago. If that's the case, then the target would be a challenge to the last October's lows, along your lower red "bear" line.