CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: the-phoenix who wrote (4637)	2/16/2006 12:54:22 AM
From: Shack	of 41512

We've got bulls for sure, but I think there's only me and Freep in the pure "melt-up" camp. Hey man, if the bears can show me something...ANYTHING....I'm willing to switch. So far they haven't made a single lower low in any significant time frame on the SPX. Meanwhile that index is 14 points from yet another 5 year high. I'm not sure if trend traders are getting "killed" but it has indeed been a slow advance for the broad indices if that is what they're playing. But there are some raging bulls going on beneath the surface in many names, I guess there always is to some extent. Now we see if the SPX can escape the clutches of the rising wedges or if it will succumb to gravity. You know my position.-g BTW, that C down scenario of which you spoke got some talk on the mother thread today, if and when SPX 1250 ever gets taken out that would be my favoured. Its my alternate for now.

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