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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone) -- Ignore unavailable to you. Want to Upgrade?


To: skinowski who wrote (1153)10/8/2005 3:39:13 PM
From: Moominoid  Read Replies (1) | Respond to of 2852
 
No - I am labeling an ED. Does iii have to be higher than i in an ED?

The triangle scenario is B of B... with wave A down in the first half of 2005...

My favored count is wave 5 terminating at the end of 2004 and what comes next is an ABC - either B of B or wave 2 of a bull market.

There are a large number of scenarios that fit the data here clearly...

Your suggested triangle scenario works on the chart but would mean that after this week we blast to da moon. On the basis of the 4 year cycle and FA, it seems unlikely?