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Strategies & Market Trends : Visit Mr. Elliott.
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To: hawkeyefan who wrote (254)12/1/2005 8:42:08 AM
From: skinowski  Read Replies (2) of 656
 
Well, it makes sense to me... Right now, Q's trade at 41.49 before the open. We'll see what happens in the next hour.

I have a hard time believing that the seasonal strength can get aborted so early... more likely than not the larger advance is not yet completed.

On a smaller scale, if the bounce is a three-waver, that may offer an opportunity to catch another swing down.... before we (most likely) reverse back up.

Next year we are heading into what should be a 4 year cycle low.
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