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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (2574)	6/11/2003 9:47:22 AM
From: JRI	Read Replies (3) \| Respond to of 41496

(COMP) It seems that today's early down basically rules out that yesterday's late up could be a '3' of anything (I could not have found a 1 and 2 in there anyway if I'd tried). In fact, going back to Monday close or even (gasp) Monday 10:30 AM...I am finding it darn near impossible to see anything wiggle bullish in the waves during that period...a lot of chop, big overlapping goo, much ado about nothing....and the one possibility (yesterday's late surge) getting negated by this down.. Also, we are now talking about a move over parts of 3 trading days, so not an insignificant amount of wiggle time. Please anyone correct me with bullish possibilities, but my feeble e-wave skills can not find the bullish scenario here (wiggles), so it makes me think.... (If we do launch, what the hell would everything since Monday 10:30 AM be labeled....that would have to be a bunch of a-b-c-x-a-b-c-x crap) So, now we have a huge move down on great, then decent volume...and a (basically) sideways move over more than a day (on even lower than decent volume)...what does that tell a trader?