dennis - yep, just a flunkie -g-
now for the ho ho ho update brought to by genetically altered taco bell taco shells - um um goood -gg-
now everybody was kicken, stcgg a while back when he brought up the crash wave, and the way it looks to me we could be entering into that very thing, if you look at several major tops, after the first decline, in five waves, you had an ABC rally before the big kahuna, you can look at the ABC wave on both the 1997 Hang Seng of the september low into early october, also you can look at the nikkei chart recently posted from brogan's site.
well we got just that goin in the nasdaq, plus it looks to me that we got five waves down from early september in the ndx into 9/18, then a triangle consolidation now breakout of the triangle, if this count is correct, we should be in the very MEATY part of the selling, wave 3, which would be wave three of C from the March top, with B ending on september 1st.
as you noticed that EMC broke out of it's rising wedge today, one of the last big cap tech holdouts.
all i can say is if i'm right HO HO HO, look out below -g- |
