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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: skinowski who wrote (4426)12/21/2005 6:57:33 PM
From: the-phoenix  Read Replies (1) of 41565
 
The thought is still with me that everything since Nov 23rd in SPX has been a running correction Wave 4, as we had theorized about the NDX triangle. That NDX triangle theory isn't dead yet either. There was a throwover, to be sure, but it briefly recovered the lower side of the triangle today. We could still just be at the nascent stages of a Wave 5.

So many possibilities.

Short-term, looking up. Seems to be where most of the counts point. If we get some new highs in coming days, things will be a bit clearer, at least short-term (I hope.)
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