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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (169060)	6/18/2008 12:59:25 PM
From: The Freep	Read Replies (1) of 209892

I guess I'm having trouble seeing how the wiggles show a complete anything -- we keep making new lows and keep having to change the count to justify the launch of a new impulse up. We didn't go into the iii up that seemed so doable after Friday's close, so that means that we didn't have a complete down structure. Since then, I suppose I can squint and call it 5 wiggle waves into the low, but it looks a lot more like 3 waves... meaning more likely it's a B wave OR we still have a v down coming. Even my wiggle down mentioned the other day (to silence) has been far exceeded, and that's just not bullish the way I look at it. Anyway, we might very well bounce here, but I still remain in the make the market show me a reason to be bullish camp.

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