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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: shades who wrote (63103)4/30/2005 11:41:22 PM
From: Moominoid   of 74559
 
Even taking out Friday's bottom would be problematical I think... I'm still going to be short AAPL.

I have two main scenarios and I keep flip flopping bteween them :) But now I finally figured out the SPX scenario. The one I posted here:

rpi.edu

Is not like as it involves three triple waves one after the other for the last 1.5 years. That is possible - it is called XYZ, but it is not as likely as that these are the first three waves of a 3 wave triangle. And it is hard to believe that the move down on the All Ords is the full story. And my COMP scenario has an ending diagonal that is really a mess.... so I am swinging back to the big triangle story, even though I posted it as the "alternative"....
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