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Strategies & Market Trends : Classic TA Workplace

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To: jjstingray who wrote (163697)3/4/2008 7:46:08 PM
From: The Freep  Read Replies (1) of 209892
 
MC says that all the time, too, but that's just not the case -- go look at the rally days recently and see how many posts there were (including many proclaiming the iii of 3 had started!).

We hit a logical spot for a bounce and we bounced. Volume was good (though it was good on the downside as well), and there are a lot of bullish setups here. There's 'conflict' about whether this was a 2 down a C of B down and, although no one's saying it, the possibility that we didn't hit the low of this move (and the 5 waves we all watched were just the 1 of said move. Bearish!). And some of this we won't know for a long time. And some of it (like hearing that this is the 3 of 3) will happen tomorrow :-)

Hope you stuck with your RIMM or picked some up today. Nice move there!
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