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


To: the-phoenix who wrote (4606)2/9/2006 12:38:39 PM
From: skinowski  Respond to of 41477
 
THe strength of these markets is unbelievable. I am already stopped out on some of my tighter stops. The DOW is a spittin' distance away from taking out the Feb 1 top. SPX is further down, relatively speaking, but it's pushing hard. Can't believe it's going to break into the 1300's.... but it's trying.



To: the-phoenix who wrote (4606)2/9/2006 1:44:57 PM
From: skinowski  Read Replies (1) | Respond to of 41477
 
OK, taking out my trusty microscope, in the sub-wiggles I see a little impulse down off the spike top about 40 minutes ago... on SP and the DOW.

It could be a) the beginning of a larger move, or b) the "c" of a tiny Flat off the orthodox top at 10:30 AM.

To make a long story short, if HOD doesn't hold, I am officially in Terra Incognita - and I'll get stopped out, and step aside.

edit - otoh, if 1270 - the presumed micro wave 4 low - gets taken out, then bears - wiggle and otherwise - may (yet) get a breather.