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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (123851)	9/10/2005 1:18:57 PM
From: skinowski	Read Replies (2) \| Respond to of 209892

SPX since 8/30 on the hourly traced out an impulse. Was it a "C", or a final wave of some sort -- or, the first leg of a larger new advance - can't answer that. Is it finished? Maybe, or maybe almost, or maybe it will proceed to subdivide and change its "morphology" (which I doubt)... hard to tell. But one thing we do have - it IS an impulse. And how Mr. Market acts around it will give us clues. ...Glad I don't have to be in active trades every single day... simple fact which is a bit easy to forget.