CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: ajtj99 who wrote (3305)	6/24/2003 2:30:46 PM
From: At_The_Ask	Read Replies (2) of 41518

What the heck is a 2 of 5 of 4 of c? Thats a couple too many degrees of wiggle prose for anybody to get what you are talking about. Even if I think it through it doesn't make sense. A four doesn't have a fifth wave except in the case of a triangle and in that case it would be refered to as wave E. Which C? the one from the march lows? The four of that C? Try to refer to a common landmark such as "yesterdays high" or "fridays low" or whatever. It's also helpful if you can use common structures such as "flat", zigzag and so on. It really doesn't take that long to marke up a chart. Also by doing so you may find that your count doesn't make sense or you may see something you didn't account for. haste makes waste in trading and hurrying up usually leads to poor decisions. NON wiggle Bears should start to think well about covering in here. Either we are in 4 of three from the 18th high or 4 of 3-3. Unless we get an extended fifth there may be as little as 10 ndx points left to the downside. Then we possibly go to new highs. The alternate is that we have ended the entire run already but I'm not betting on that. So unless something larger is happening the fed gets bought.

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