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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (137595)	10/18/2006 3:12:42 PM
From: The Freep	Read Replies (2) of 209892

MC -- you've been spot on lately, but I gotta say in this wiggle area, I just don't know what to make of things at all. Yes, yesterday could be a fave waver down for an A and we moved up in 3 waves with a very sharp C of that move coming this morning... but since then? It's messy. Not a C down look. And I think this goes back to what Shack was saying that the trend is still up, so wiggling like this is fraught with difficulties as, until proven otherwise, it's just as likely we find a way to keep moving higher. Perhaps my post will now mark the top of this rally, with incredible down (a iii of 3 of C!) beginning, but I keep looking for ways that up makes sense. I know that messes up your bigger count, but again... even shortish term despite any rationalizations to the contrary... it's rather uppish!

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