But be careful - we have a bad record when agreeing. ;-)
ouch, not again -g-
ho ho ho, shread i think the H&S is gonna fail - probably did today.
after todays rally and watching bernie schaeffer on nbR, who is looking for lower prices on the naz (he said they were buying too many qqq poots at the march top -gg-), i'm gonna flip, my wave read on the 15 min chart on nas was wrong.
we could have another thrust down on this falling wedge from the 24th, but wednesday was probably the bottom, bullz have been demolished, rydex hit the percentage low of may 23rd and october 12th on wednesday.
bullz have been demolished, larry had a little rocket ship in his commentary after the october bottom, but now
optionstrategist.com
the utilities, which i thought was an ascending triangle, i now think is an ending fifth wave diagonal rising wedge, a fifth wave from the march lows, this sucker is running exact inverse of the nas, i think the broadening top in ba, is just another example that we are about to see a rotation out of safe into speculative stocks, though i think the HHH needs one more leg down to complete five waves from election day, but most others i believe have bottomed
www3.vcall.com
i saw this and said hmmm, i wanna look at that chart.
stockcharts.com[L,A]DACLYYMY[DF][PB50!B200!F][VC60][IUB14]
very clear five waves down with 3 completed in october and this final thrust down is the completed correction from the all time high
broadband holders is making a fifth wave falling wedge from the july high
stockcharts.com[L,A]DACLYYMY[DD][PB50!B200!F][VC60][IUB14] |
