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

To: ajtj99 who wrote (3305)	6/24/2003 11:15:25 AM
From: JRI	Read Replies (2) \| Respond to of 41529

(2 of the 5 of 4 of the C) Since when did you become wiggle-dude? g,ng If we got as high as you say (1209), that would mean that 1190 basically held for a 3rd time? no? (1209) That seems like an awfully high spike here, although I guess anything is possible..nothing in Elliott says we have to go there.. I don't think your count is right??

To: ajtj99 who wrote (3305)	6/24/2003 11:23:11 AM
From: JRI	Read Replies (1) \| Respond to of 41529

For a toasted line, that 1190 is sure putting up a helluva fight...

To: ajtj99 who wrote (3305)	6/24/2003 2:30:46 PM
From: At_The_Ask	Read Replies (2) \| Respond to of 41529

What the heck is a 2 of 5 of 4 of c? Thats a couple too many degrees of wiggle prose for anybody to get what you are talking about. Even if I think it through it doesn't make sense. A four doesn't have a fifth wave except in the case of a triangle and in that case it would be refered to as wave E. Which C? the one from the march lows? The four of that C? Try to refer to a common landmark such as "yesterdays high" or "fridays low" or whatever. It's also helpful if you can use common structures such as "flat", zigzag and so on. It really doesn't take that long to marke up a chart. Also by doing so you may find that your count doesn't make sense or you may see something you didn't account for. haste makes waste in trading and hurrying up usually leads to poor decisions. NON wiggle Bears should start to think well about covering in here. Either we are in 4 of three from the 18th high or 4 of 3-3. Unless we get an extended fifth there may be as little as 10 ndx points left to the downside. Then we possibly go to new highs. The alternate is that we have ended the entire run already but I'm not betting on that. So unless something larger is happening the fed gets bought.