Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Clappy who wrote (95264)	4/25/2004 9:03:40 AM
From: skinowski	Read Replies (1) \| Respond to of 209892

Clappy - I think you should count me in the 3rd group. I am not very impressed with this down impulse on NDX, it may turn out to be a "three" - but the count on the DOW is more clear. So, I'll stay with the bearish script as #1 -- "until proven otherwise"... g. share.esignal.com Actually, for trading the intermediate term, for the 2nd and 3rd groups the approach is the same. Only later we will find out whether the January (February for the DOW) top was Wave 3 - or the end of the entire rally. Strength in the DOW would confirm the potentially bullish setup in the OTC indices. Another one to watch, imo, is the BKX - the chart is potentially bearish, might be setting up for a fifth wave down.

To: Clappy who wrote (95264)	4/25/2004 10:49:48 AM
From: Henry J Costanzo	Read Replies (1) \| Respond to of 209892

Clappy......Not entirely happy with your listing me for Map 2..I have a big difference with 2, which, as presented, would involve taking out the March low. As I indicated, I have a difference with Map 1, too....as to whether we've already started an impulsive 5 up. Not to complicate your life....on balance, .think I am more with Map 1 than Map 2......and would feel more comfortable if you listed me there......Thanks..