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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: skinowski who wrote (4429)12/22/2005 2:21:29 PM
From: the-phoenix  Read Replies (1) of 41561
 
Gone back to a neutral/hedged position here at the current day's highs. Don't like all the wedgie-looking patterns since yesterday afternoon. Possible triangle wave 4's in $COMPQ and SMH completing their 'e's here. Not sure what the other wigglette triangles would be - 2 of 3 down is a possibility, though not favored.

Reducing downside risk until the next setup appears.
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