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To: UnBelievable who wrote (4687)6/12/2001 10:54:09 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
This rally could be a wiggle 4, in which case they will test your resolve on that ES long.

I am still in the weeds and what I did not like (for SAR'ing long immediately) coming off the low is that we appear to have done only down/up/down on the wiggles coming off this morning's first rally. There could well be one more little dump awaiting us here.

If we are building a wiggle 4 here, then it will take a while based on the fact that the wiggle 2 was very brief. If we push up past NDX 1789 or so, then, since that's the bottom of my putative wiggle 1 down, then this will not be a 4 but is the turn.

Does this make any sense what I'm blabbering?