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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: John Walker who wrote (58087)10/11/2002 11:52:05 AM
From: Vitalsigns  Read Replies (1) of 62347
 
Hi John ,

At this point todays rally is only part of a corrective cycle , which means my lower targets are still in motion . But they have to be flexible , expecially when we enter the last part of the wave sequence .

I am still looking at the Oct 20-25 timeframe as well as Oct 27-Nov 2 as key dates for my targets , but I will not rule out a Fed intervention , ala 1998 that wipes out my counts ahead of schedule.

You make the road map , and sometimes it requires a detour because the road you are on is no longer there.

So far , I am still travelling the original course , but am watching for clues that things may be changing.

Considering My last sell signal came when the S&P was at 906 , the first coming on a failed retest of 965 , which we triggered at 950 , I would say we caught the trend well so far, now we are scouting for entry
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