CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: Galirayo who wrote (9042)	10/22/2008 5:40:11 PM
From: skinowski	Read Replies (1) of 41420

No doubt about it, Ray. If SPX instead of tracing out a proper Wave "E" of a triangle instead breaks down and takes out the low of 10/16 (867) -- then the triangle is off, and one of the two - either an ED, or an evolving down impulse - move to the front burner. In that case there is a chance that we may even bottom this week. Or soon, anyway. For now. Fwiw, this Bear will be equal in points to the 2000 - 2002 decline near 792.

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