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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Chip McVickar who wrote (12084)	11/21/2011 12:31:01 PM
From: robert b furman	of 12410

I'm hoping this is a 6 wave of an ending C. Could be weaker than the 3. My stocks are holding up better than a couple of weeks ago. 5's can truncate with any BS news story. Could reverse her after bouncing off the 50 % retrace and yet 75% is more often the case. I've nibbled a bit here. Chief says clix needs time to reset - so we could go sideways and make evry one nervous. It will have to close hard today for us to collapse. Heck -I'm just guessing,but I think we;re closer to a bottom on a substantial corrective wave,than we are a collapse. Taking light positions after I sold off some at a bit of a higher point. Playing scalps here - no big winners and no big losers - I hope.<smile> Bob

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