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Attached is an update of my TSE/TSX chart from
February 2001.
It is not clear to me that the wave count on the
larger scale is yet complete (i.e., that we have seen wave C,5 or III,5, as the
case may be depending upon how long term bearish one thinks), but the minimum
target of 5600 to 5400 in terms of a fall off from the neckline (being
equivalent to the distance from the neckline to the top of the head) was almost
reached last week.
I caution all who happen upon this note to
bear in mind that I am not licensed to say these things – no pun
intended.
Regards,
Tony Pylypuk
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Attachment:
Description: "tse 2002 10 15.gif"
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