I posted this nwx chart on 2/22 showing a wave 3 count bottoming, you can also see this count in the ndx.
Message 17101895
but after the rally look of things, with the sentiment so grim and the nice a/d stuff and white candles off the bottom, i gave it a shot that we may had seen an important low, but we may have finished wave 4 on the gap down and are headed to retest the low or make a new low.
the xtc has a similar count off the december top
stockcharts.com[w,a]daclyiay[dd][pb20][vc60][iUb14!La12,26,9]&pref=G
stockcharts.com[w,a]daclyiay[dd][pb20][vc60][iUb14!La12,26,9]&pref=G
lu has fulfilled the count, on huge capukelation volume
wcom had a couple of capukelation volume days, may be headed for more?
stockcharts.com[w,a]daclyiay[dd][pb20][vc60][iUb14!La12,26,9]&pref=G
now if we can get csco to toss it's cookie's on a billion shares or so -g- we could probably get a really nice bottom, with all the bear klowns proclaiming hell in a handbasket, naz 500, dow 4000, and another chance to send them back into their caves again -g- |
