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Qone0

04/08/10 4:00 PM

#5574 RE: TREND1 #5573

Trend, How do you think the master is going to count today <G>

The first wave out of the Feb. lows was 10 trading days long.

This is the 4th day Maybe the 5th day ( I'm not sure if I should count april 1st) as being in the 5th wave.

Most EW people will say that the 5th wave should be roughly equal to the first wave.

And as you showed on that chart. Tops during this year long rally are not V shaped. They take time, which gives them a flat shape at the top on the daily chart.



JLS

04/08/10 4:13 PM

#5575 RE: TREND1 #5573

T1,

actually, my messages were never removed. So you must not be talking about board messages.