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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone) -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (1062)9/3/2005 2:34:04 AM
From: nspolar  Read Replies (1) | Respond to of 2852
 
Moom, I gave up on the classical B wave a while back; based primarily on what has went down with other indexes. I do believe there should be some correlation between most of the general market indexes.

An ascending triangle since the '04 top in the NDX makes some sense and is in there with the best of possibilities imo. A little different flavor than perhaps what you were thinking but a similar concept. It would now be in leg E.

There is not a lot to be had on the short side if this is the case, 100 NDX points from here.

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