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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone)

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To: RealMuLan who wrote (943)8/2/2005 7:12:48 PM
From: Moominoid  Read Replies (1) of 2852
 
The Barron's bashing effect seemed to end first thing Monday morning :)

It's forming very nice waves. The sequence down into Monday morning had a classic 5 waves and then the corrective wave up 3 waves and then we go down again. *So far* E-Wave fits this stock beautifully.

Prechter believes that news has no effect on stocks. I can't understand that perspective. But its effect can vary a lot depending on the technical situation.
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