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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: robert b furman who wrote (8995)10/16/2008 7:47:45 AM
From: skinowski  Read Replies (1) of 41481
 
LOL! Hi, Bob. I do have a positive story. Only for you.

Very simple. All this stuff I was saying about the Big Wave Three which started in May ALSO works if that wave is in fact not "3" - but "C".

If it is "C", then there is a potential that the Bear may be close to being over. It is still possible that such an ABC down from a year ago may prove to be part of a larger bearish structure (like in ABC-X-ABC). But at least in this case there is a chance that it may all be soon over.

Must say still IMO in the end it is more likely to be an impulse, and after a rally of a few months we may have a big nasty 5th to new lows.
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