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To: ajtj99 who wrote (111277)1/6/2005 1:47:00 PM
From: marginmike  Read Replies (1) | Respond to of 209892
 
nothing much up today outside of 3m and banks



To: ajtj99 who wrote (111277)1/6/2005 1:51:21 PM
From: Galirayo  Read Replies (2) | Respond to of 209892
 
May I ask ?? What's an E-D ?? Ending Diagonal?



To: ajtj99 who wrote (111277)1/6/2005 2:13:14 PM
From: skinowski  Read Replies (2) | Respond to of 209892
 
The thought of an ED on NDX did cross my mind, but it may still not the 5th. Check the DOW/SPX: they seem to be actually "wedging" up today. May even be the ending move of a corrective (4?) from 2.45 pm low of yesterday. And the 5 down may still be due.

Of course, it is also possible that the down is done for a while. In this case, the mucho dinero question is whether it was Wave 1 (or A) down, or was it the "C' of a corrective structure, and the uptrend is about to resume.

My bias is a bit bearish, but that doesn't mean a thing.