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Lenny
In a message dated 11/26/2001 9:11:30 AM Eastern Standard Time, dbewers@xxxxxxxxxxxxx writes:
Lenny, I have showed both of the retracements (normal fib from wave 2 and
from wave 1) you mentioned. I have found just the wave 3 retracement quite
accurate though and only use the full wave 1- wave 3 retracements if the
wave 4 red channel is exceeded, since wave 4 should be correcting only wave
3 only (wave 1 was corrected by wave 2). I see some confluence, so lets see
how it works out (assuming CSCO recent high starts a correction here).
don ewers
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