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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (4382)	12/15/2005 9:38:12 PM
From: the-phoenix	Read Replies (1) \| Respond to of 41427

I see your triangle. May be done, or very nearly so. But, in any case, if it falls under 1263, that would be, imo, an event with likely imminent bearish implications. I don't disagree, but the alternate read is that it is in a sharp '2', which is where I think the NDX is, at least. Short term, it doesn't matter really. Either way, there should be at least a little more up coming shortly. But I have to admit that $CPC chart is scary. Lowest reading in 4+ years, which is as far back as I can get on Stockcharts. I'm also getting short-term sell signals on $VIX yesterday and today. Not yet confirmed on "Vix Classic" ($VXO).