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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (126543)	11/30/2005 2:14:28 PM
From: Henry J Costanzo	Read Replies (3) of 209892

SNS...don't have a very good record of trying to figure out relatively short-term moves and their timing......BUT....taking a look at the major index charts, I am strongly tending in the direction of looking for a down December, a fizzlin' Santa Claus rally, etc. The advances I see from mid- and late-Oct are so large and straight-up that they seem to be begging for some pretty good corrections....and without much further ado .... BTW...this fuzzy view of mine would fit in with some of my arguments on the ED with Shack (of happy memory...g). Had been saying in that regard that the final 5 of the ED we're now in could extend some distance into 2006.....maybe as far out as through April.......If so, that would also call for considerable slowing-down/pullbacks..... beginning about now....

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