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To: crustyoldprospector who wrote (90072)1/24/2004 10:44:36 AM
From: Shack  Read Replies (2) | Respond to of 209892
 
I choose the Mar03 low as the beginning of A, because that is the start of the move that broke above multi-year down channel

Just curious as to why you think the major downchannel had to be broken by the A wave? Why not the C wave? So you're putting the orthodox low of phase one of the bear at the March low?

BTW, welcome aboard crusty.



To: crustyoldprospector who wrote (90072)1/24/2004 2:49:17 PM
From: nspolar  Read Replies (1) | Respond to of 209892
 
crusty, yes sir.

As you know I've been hyping USPIX for sometime. Since about 22. I have a 1X position. Some serious money, but limited %.

I am ahead on one load, even on another, and slightly behind on two. I didn't ever expect to nail the bottom on all entries and am very happy where I am at (unless nasty takes off again). I plan to play this rise out of the bowl, if that is what transpires, sell out and double up on the next low. Before year is out I believe I will have some really serious money involved in USPIX, URPSX. I'm going to do most all of my shorting in these vehicles, for leverage and simplicity.

I'm don't know whether this top that may be in or coming up is the A of the BIG C or the BIG C. I'm leaning towards the BIG C.



To: crustyoldprospector who wrote (90072)1/24/2004 3:30:52 PM
From: NOW  Read Replies (1) | Respond to of 209892
 
ndx has a vary clear ABC correction compllete....good fibo, good time....clean count