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To: marginmike who wrote (100384)7/1/2004 1:04:50 AM
From: Shack  Respond to of 209892
 
No real feel yet. Its possible that we do the 'c' down and finish off this correction off the highs from March. At which point we're off to new highs.

Or perhaps the March high was the 'A' wave complete off the Oct 2002 lows and we have begun a large 'B' down/sideways which is going to be corrective, hard to count, and last many more months (years?).

In the time frames that I trade, all I really care about right now is the 'c' down of the recent correction.


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