Re: [RT] Was move off of 938 impulsive??

[Don Thompson <detomps@xxxxxxxxxxx>]

Lenny,
So we really don't disagree, considering your 
labling the 03/00 to 09/01 as a GIANT A.  IE this whole thing is a 
corrective move.
I didn't know that an a:B would be considered 
impulsive. I always thought once in an ABC sequence the form kept to 

Three wave form, yet on a minute level at times 
goes impulsive.  Thanks for your opinion, I appreciate looking at the GET 
charts.
It looks like running > 1160 will be a 
significant issue since 10-30 x 11-19 swing is .618 of the 9-20 x10-17 high for 
the 
DEC s&p futures..
 
Don
<BLOCKQUOTE dir=ltr 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  rosow@xxxxxxx 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Friday, November 23, 2001 12:44 
  AM
  Subject: Re: [RT] Was move off of 938 
  impulsive??
  <FONT lang=0 
  face="Arial Rounded MT Bold" size=2 FAMILY="SANSSERIF">Don, 
     The counts on the daily chart I sent were mine, not 
  GET's. I view index charts from a longer term point of view since I trade just 
  US stocks. What I see on the weekly is a pretty clear 5-wave 18 month 
  impulsive move down from 03/00 to 09/01. I am, at this point in time, calling 
  this a wave A of a long-term ABC correction. Normal wave B's should correct 
  wave's A by a minimum of 50% so 1248 would be my first target. I'm also 
  looking for this correction to last at least until 04/02. So do I regard this 
  move off of the bottom as impulsive? Well, yes & no : >) Yes, because 
  on the daily time frame I feel the S&P cash is in a wave a:B which is 
  impulsive. But no on the weekly time frame since I believe the S&P is in a 
  corrective mode. The weekly is attached. Regards, Lenny   
  In a message dated 11/22/2001 11:59:38 PM Eastern Standard Time, 
  detomps@xxxxxxxxxxx writes: <FONT lang=0 face=Arial 
  color=#000000 size=2 FAMILY="SANSSERIF">
  <BLOCKQUOTE 
  style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #0000ff 2px solid; MARGIN-RIGHT: 0px" 
  TYPE="CITE">Lenny,<FONT lang=0 face=Arial color=#000000 size=3 
    FAMILY="SANSSERIF"> <FONT lang=0 face=Arial color=#000000 size=2 
    FAMILY="SANSSERIF">I am not in to disputing the GET,  I seem to recall 
    the move off of the SnP in a fast tick bar chart just didn't look 
    impulsive.<FONT lang=0 face=Arial color=#000000 size=3 
    FAMILY="SANSSERIF"> <FONT lang=0 face=Arial color=#000000 size=2 
    FAMILY="SANSSERIF">It seemed to me not to have the classic impulse kind of 
    waves attached to it.  <FONT lang=0 face=Arial color=#000000 
    size=3 FAMILY="SANSSERIF"> <FONT lang=0 
  face="Arial Rounded MT Bold" color=#000000 size=2 
  FAMILY="SANSSERIF">To 
  unsubscribe from this group, send an email 
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  <IMG 
  src="cid:{FCF28C56-EAAD-4031-A0E1-1E01C1986668}/S&Pweekly.gif";>






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