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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Shack who wrote (81461)3/16/2001 11:36:13 AM
From: AllansAlias  Read Replies (3) of 436258
 
SPX is probably in 5 here. I do not spend as much time on the SPX counting, but without looking at the wiggles and only the dailies, that's what I see.

They might get it to 1135 on this immediate leg, but I think it would be very hard to get it lower without an intervening rally to reset things again.

Inside this 5 there is an alternate count for me that shows us having a very long 1 and are now atually in only 3 of this 5. My God that would be brutal in the short-term.

Still, call me cautious at these levels, but I prefer the non BK count.
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