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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: SwampDogg who wrote (16570)11/14/2004 2:00:29 AM
From: nspolar  Respond to of 60908
 
fuddle, don't you think there has to be some synergy here?

The DOW did not do a 1 down, it doesn't count out. It counts as an A down. So don't you think the other indices likely did an A down, as opposed to a 1? They can do 5 clean waves down for a A as well.

Your 5th of C up count doesn't work on the NDX. Off the '02 lows it is still in a 5 wave A up, which means another to follow, or a it is in B of A, which also means there is more to follow.

So you think the NDX will continue up, while the SPX and DOW go into your BIG C or BIG 3 down? Ain't likely.



To: SwampDogg who wrote (16570)11/14/2004 3:07:27 AM
From: nspolar  Read Replies (1) | Respond to of 60908
 
Went back and looked at that 5 of C count in the SPX and DOW and don't think so anyway. I think the whole move up from Mar 03 to Feb 04 was a 5 waver. For SPX this would make rise off OCT 02 as a 5 wave A, completing. Going to be followed at some point by another bear killing smash up.

Bush is gonna get things to rocking and rolling. Just ask him.

You count it as you please.