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To: skinowski who wrote (15436)10/25/2004 8:18:18 PM
From: nspolar  Respond to of 60899
 
A lot of folk seem to think a bounce is coming.

I don't see it right here, and that has nothing to do with EW. Just the plain ole TA would seem to predict there is not a bounce right here, but somewhere below here. Gold and the currencies on the other side of the fence appear to want to go higher as well.



To: skinowski who wrote (15436)10/26/2004 7:13:50 PM
From: Shack  Read Replies (2) | Respond to of 60899
 
I think there is still a real good chance of a decent 'c' wave up right around here on the USD for a move back to 92. But it will be ultimately followed by new lows anyway.