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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: JRI who wrote (113414)7/19/2001 12:09:32 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
unfortunately both are possible. i fear this week has thrown me off completely...i don't know what to think. have to await a few more days of trading action to adjust my cycle counts. but i will say this: imo the market isn't out of the woods yet. we're still in a high risk period, although the risk obviously diminishes with every day that passes without incident. from an e-wave perspective it looks though as if we've embarked on a C wave in the SnP...either that, or it's another trap. the trap theory will have to be discarded if we don't turn down decisively soon though.
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