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

To: Henry J Costanzo who wrote (129626)	2/15/2006 9:18:14 PM
From: Win-Lose-Draw	Read Replies (1) \| Respond to of 209892

It's like someone used a ruler to draw that 200d line. Can't last, something has to give: either crude triples again (> $200?!) or the bull is done.

To: Henry J Costanzo who wrote (129626)	2/15/2006 9:29:52 PM
From: Shack	Read Replies (2) \| Respond to of 209892

We just won't know until we get the first counter-trend move back up on crude. It could be the start of a lengthy slab of jell-o where this only the first spoonful. Remember the trend gets the benefit of the doubt, I think you taught me that.-ng As for your count, yes its all very "compelling", except the ED part of it which is missing a high (sigh...are we going to go through this again?-vbg). Remember ED's are 5 wave moves where there is a line connecting the (i) high with the (iii) high and a line connecting the (ii) low with the (iv) low. All the while contracting But in essence I have no issue with the 2003 $XOI impulse as being complete. Long overdue for a correction.