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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: marginmike who wrote (4473)1/13/2006 2:53:18 PM
From: skinowski  Read Replies (1) of 41494
 
I don't think the patterns at this time carry enough information. What we see is open to the possibility of being the end of the entire bull market -- and at the same time it has the potential of resolving in a very bullish way. The thought even crossed my mind that this impulse can be the "c" of a running flat from the orthodox top on Jan 9. Low probability, but possible.

If the bounce is corrective, and then it heads back down -- then, maybe we are talking about something serious. The puzzle is sentiment - it remains mixed. But then, as I recall, sometimes turns occur without the public "buying" the latest move. COT is still bearish.
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