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To: skinowski who wrote (129358)2/9/2006 10:59:43 PM
From: venividivici  Read Replies (1) | Respond to of 209892
 
Just curious, vvv - what do you think this presumed ABC is correcting?

First of all, the move off the October low in the NDX. In the larger count, taking everything from the Dec 03 high to the October 05 low as a triangle, I think the October 05-January 06 is the wave 1 of a 5 up. Assuming a triangle could make a new high, as happened in Dec 04, I think this counts pretty cleanly.


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