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To: Shack who wrote (115600)3/28/2005 11:47:20 PM
From: NOW  Read Replies (1) | Respond to of 209892
 
any other possibilities? C wave is out?



To: Shack who wrote (115600)3/28/2005 11:54:10 PM
From: steve from ihub  Read Replies (1) | Respond to of 209892
 
and there is the matter of the small impulsive move off the mar 00 top. (gg) this bull run was supposed to make it to spx 1250/60. it may or may not but thats not a lot of upside in my book should it take another stab. while you may give the benefit of the trend to the bull camp, i choose not to and will use boucnes as short entries. imo it has had its time to run its course and is done or has one last gasp at best.

ps it looks like the xau is back on track for the target in the high 70's after a fakeout move over 101. da boyz are good. this puts my scenario back in play from december. 5 waves down to 89/90, a three wave corrective move up to 96-100 then a 5 wave move down to 78/80. my target for arrrival is late may for those lows.