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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (31915)10/18/1998 4:54:00 PM
From: Temple Williams  Read Replies (1) | Respond to of 94695
 
GZ:

I tried to suggest you go to the site for an answer to your question in a private note to you, and you said you didn't have time to wade through all that stuff. You said you preferred an answer in "public".
Fine. It would be useful if you at least referred to some "degree" or chart, but I will try to answer your poorly-worded question anyway. Can a "C" move higher than an "A" in a corrective "up" phase? Of course it can. Let's say you have a "B" which is made up of an "a-b-c" at a lower degree. Let's say the "c" of the "a-b-c" finishes a zig-zag structure. Obviously the "c" would move much further -- in this case higher -- than the "a" ... the very nature of a zig-zag structure. If the "a-b-c" is an "up" move, then the "c" moves well above the "a". I think that answers your question. Next time, you might have the common decency of looking at the charts, although I am sure you are a very busy guy and I really have nothing better to do than answer questions like yours.