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To: skinowski who wrote (122292)7/25/2005 8:05:19 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
Can't really add much to your comments ski. Your SPX wiggle chart is valid too.

Still a long way from "IT" top readings on my sentimeters though. As the SPX makes new 4 year highs the Nova/Ursa ratio remains an overly bearish 0.23, while my 10 day EMA of the all-exchange EPC sitting way up at 0.7.



To: skinowski who wrote (122292)7/26/2005 5:54:23 AM
From: stevemanuk  Read Replies (1) | Respond to of 209892
 
Q from an E-wave innocent :-)

The 1st chart shows the SPX weekly as a possible ED. I always thought EDs were either Cs or 5s, so surely the ED should be starting after some sort of horizontal correction/consolidation (ie B or 4) rather than an upmove? Or am I misreading your chart?

cheers


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