Yo, from the beach. If this is a 1 down. . . and you have it finishing Friday (which seems possible to me), do you really expect the 2 to last 7 trading days so that the 3 starts on the 17th? I seem to recall, too, that there are lots of folks who have the 9th as a big turn date. Maybe the 1 finishes tomorrow, the 2, tomorrow or Monday early, and then the 3 goes. I know you're looking for major down on the 17th, but maybe this whole 5 wave sequence finishes by then to set us up for some new move on that turn date?
Regardless, kudos to you and Allan (and others) for seeing some bearish alternatives hereabouts. From my quick vacation scan, it sure looks like non-tech is weaker than the Naz. Sector rotation?
the freep, free from crashing exchanges, but forced to deal with Southerners <g> |