Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: venividivici who wrote (4611)	2/10/2006 7:36:29 AM
From: the-phoenix	Respond to of 41483

It sure did! It now looks more like a i-ii-iii than an a-b-c. The fact that the SPX had not really corrected much was a clue that NDX wasn't going to stop going down at the gap fill. But we have had a clear five waves down in the latest wiggle and should see a bounce this morning, IMO.

To: venividivici who wrote (4611)	2/10/2006 9:58:42 PM
From: the-phoenix	Read Replies (2) \| Respond to of 41483

Read your post on Shack's thread, re: NDX only three waves into this morning's low and then a '4' that was stronger than expected. Exactly my thoughts as the day developed. So either we get another quick trip down to a marginal new low on Monday, or we launch. My head tells me we make another low, but my gut is telling me I'm going to get screwed again leaning the wrong way here. Most likely I get shaken out of my current short and then we plummet. That would be exactly in line with how this past week went for me. <NG>