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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: Galirayo who wrote (8397)9/2/2008 11:10:51 PM
From: skinowski  Read Replies (1) of 41414
 
Maniacal indeed. Crazy market. Every time it breaks out, it comes down, and every time it comes down hard, before long it rallies. Sooner or later it will choose a direction, but so far - no dice. The longer term picture is still pointed down... the July rally still looks like no more than a consolidation of the May decline. In the wiggles today's decline is a textbook impulse... so, today's top is somewhat important.
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