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Strategies & Market Trends : Classic TA Workplace
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To: Henry J Costanzo who wrote (143746)4/19/2007 2:43:59 PM
From: The Freep  Read Replies (1) of 209892
 
So to create max confusion... that lovely little drop we just had is either the ii down of the 5 up OR we're still in some correction OR we've topped as oft predicted and are heading down. In the first situation, we're gonna hit a iii up here. In the other situations... most likely a iii down of some degree. In the wiggliest wiggles I watch, the move off today's low wasn't a thing of beauty -- kinda wedgelike even -- but betting on down has been a major mistake for a long spell here....
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