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Alan Sears wrote:
>
> My view of the Swiss Franc
> Looking for new lows in wave 5 of 5
>
Alan,
I know this is conventional, but just to get some comment going on the
pattern. Might what is labled black (4) be a of (4)? This would give
an alternate count.
If price moves to 67.516, I would sell it there with a tight stop of 20
ticks... Usually a 4 won't break .618 of 2-3.. if it does the count is
all goofed up..
Also I know the Swiss Frank is more volatile than the Mark, both, at
least a couple of years ago, could be watched in tandem for clues...
The D-Mark the stronger of the two..
Don
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