are you back to that spewage again???
wave 5 of BIG, BIG wave 3 down...where is this BIG-G-G-G wave 3 down??? what is BIG about it? it is S-O-O-O BIG that the 3rd of the BIG 3rd wave can't make a new low. I'm sorry but a BIG WAVE 3 should be in-your-face,grab your ass, OH MY GOD WE ARE ALL GONNA DIE! and now this POWER WAVE OF DEATH AND PUKE AND DIARHEA is going to kill us with a declining wedgie? I mean HOLY WAVE CRAPPER BATMAN 3 0f 3 can't even penetrate the low of the supposed wave 1? somehow this seems VERY,VERY suspect to me. Sure you could get some big extended 5th of 3 to go to the depth of hell, but even those depths appear very limited, like a couple hundred points. so just in case the DEATH WAVE OF ALL MANKIND doesn't materialize, perhaps another scenario is unfolding
badsmells.homestead.com
perhaps this fits in with SP 1600, perhaps many of the charts thrown up here that have 'rising wedgies', like AXP,C,Merrill,JPM and others...and JNJ finished with a broad consolidating 4th triangle @ $89 and now targeting $120...and lots of other non-tech SP stocks fitting in for the run to 1600, jeez, and that poor old group of crappy companies making up the NYSE making a new high in SEPT and being in an OBVIOUS rising wedge, known, in this case as an OBVIOUS Ending Diagonal to any EWaver worth .02c
wouldn't it be nice if others bothered to take the time to post something interactive rather than some "copy" of a chart from Timely.com that DOESN'T show their interpretaion....which is basically useless without notation
LG...if you read this, YOU follow up with GOOD charts, nice work on the wedge the other day....there was a pretty triangle,coil on DOW today also on 10 minute that ended at noon.
so anyhow, party on Garth...certainly it could happen me? I would just LOVE to see 1340 on SP, but will have to make a decision at 1365....and as always, have those stops ready to go
as always.....I SMELL REALLY BAD oh,yeah...better add..<GGGGGGGGGGG> and BWDIK cause that makes it more better when I'm consistantly wrong with my timing
Mr. Buttlint |