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Non-Tech : The Woodshed

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To: orkrious who wrote (17950)	12/7/2004 10:20:59 PM
From: nspolar	Read Replies (1) of 60928

And ED is an 'Ending Diagonal' Triangle. Extremely bearish at the end of an uptrend. Extremely bullish at the end of a downtrend. I can not post any charts, on the road, no software. If you go back here. ttrader.com ttrader.com Those patterns and counts are still valid imo. A little C, not a big C. The little c would be the end of a ii correction and sideways consolidation. It did not start out right for a big C, because of the prior 'a' and 'b' (as I chart it). The trendlines are off just a tad, you have to allow for this. Maybe 3% or even 5% slip or so is what a feller should use. Previous link on ED. elliottwave.com Two things can happen here. That is an ED and it will reverse hard up. If you capitulate you will have just given up your loot to the MM's and will have to pay up. Or it is not an ED but a wedge that will break down, hard. It looks like an ED and fits with the prior pattern. Once again, this is a pretty one. finance.yahoo.com^XAU&t=5d You watch for these things.

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