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To: The Freep who wrote (116265)4/8/2005 2:06:39 PM
From: NOW  Read Replies (1) | Respond to of 209892
 
yes but the bulls still have the IT in their hand till that 3 yr UT line is broken. it isnt, and indeed we have now staged a nice bonce off of it which may or may not hold. (from a permabear such as me, such thinking is clearly a warning to you all to head to the hills)



To: The Freep who wrote (116265)4/8/2005 2:06:57 PM
From: Galirayo  Respond to of 209892
 
I'm in the Lunar Camp.

Until those weekly MAs are taken out. I think there are Trendlines there as well.

Caelestis .. et en Lunaris .. I lost my latin book so have no idea if my grammar is correct.

Paul Simon wrote a song .. Caelum Viaticum.. right? It's similar to homeward bound.

Ray



To: The Freep who wrote (116265)4/8/2005 2:14:56 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
Freep-o, I know this is an EW thread, and I've done my amateur best to read the waves. ..but must confess that much of yesterday's yakking to which you refer went over my head......g

Very difficult to abandon old traditions in which one was born and bred (btw remember that re the Freeplets)....and, as you've seen, I frequently revert to my old classic TA origins. For one thing, the classic TA wedge theory leaves no room for the kind of hemming-and-hawing you just posted. There was a bearish wedge, it was broken, that points back to the beginning of the wedge......and that's that! (If it doesn't happen, well, not all patterns work out, so pick up the pieces from there, and start all over again.......with an open mind....g)

Sorry for this kinda rant.....but thought you should know a little about where I'm coming from..............and now you can have LOL.....



To: The Freep who wrote (116265)4/8/2005 2:38:20 PM
From: Henry J Costanzo  Respond to of 209892
 
P.S......

<<Volume on the break is nothing impressive, that's for certain..>>

Neither was volume on the rally from Monday impressive, that's for certain.....g