tag:blogger.com,1999:blog-2270285874151506788.post9071160932567704409..comments2023-10-04T11:28:43.810-05:00Comments on themarketbrothers: The Bear Market has Ended ... or has it?The Brothershttp://www.blogger.com/profile/14693904472585844178noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2270285874151506788.post-90819552637964346712008-10-29T08:30:00.000-05:002008-10-29T08:30:00.000-05:00I looked at the recent down move again (what you a...I looked at the recent down move again (what you are calling a possible C wave), and you might make the case that it's impulsive and that its 5th wave (5 of C) is an ending diagonal. So your alternate view is still on the table.<BR/><BR/>Also, when I said C waves are always impulsive, I should qualify that to mean C's of Zigzags or flats. C waves within an ED or within a triangle are not impulsive. But the C of an ABC is impulsive and often runs fast and quick like a 3rd wave of an impulse.<BR/><BR/>Great blog here! Best of luck to you in your trading!<BR/><BR/>GregpimaCanyonhttps://www.blogger.com/profile/09477196225992507658noreply@blogger.comtag:blogger.com,1999:blog-2270285874151506788.post-48118151730550438442008-10-28T22:56:00.000-05:002008-10-28T22:56:00.000-05:00Thus if that last wave down cannot be a C wave, it...Thus if that last wave down cannot be a C wave, it must be Wave-iii of the ending diagonal. It'll be interesting to see if this rally has legs for a gap up tomorrow.Narayanahttps://www.blogger.com/profile/16989816354377520515noreply@blogger.comtag:blogger.com,1999:blog-2270285874151506788.post-55196873367618781602008-10-28T19:57:00.000-05:002008-10-28T19:57:00.000-05:00I just reviewed your alternate chart, and I think ...I just reviewed your alternate chart, and I think that one is a very low probability because C waves are always impulsive. The C wave in that alternate chart does not look impulsive to me, so even though I would like to hope that the bottom is in, I think that interpretation is unlikely.pimaCanyonhttps://www.blogger.com/profile/09477196225992507658noreply@blogger.comtag:blogger.com,1999:blog-2270285874151506788.post-24636123839356459362008-10-28T19:51:00.000-05:002008-10-28T19:51:00.000-05:00and yet another possibility could be that we're st...and yet another possibility could be that we're still in the 4th wave and it's unfolding as a flat, the C wave of which began today. If that turns out to be the case, the C wave should carry slightly above where the A wave ended on 10/14 (because the C wave is starting at a higher price than the beginning of the A wave).<BR/><BR/>EW can be maddening at times because there are so many alternate counts.pimaCanyonhttps://www.blogger.com/profile/09477196225992507658noreply@blogger.com