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To: venividivici who wrote (4697)2/28/2006 11:43:12 AM
From: the-phoenix  Read Replies (1) | Respond to of 41608
 
Is it too late to say I like that count? :)

Looking at hourly charts back to Jan 11th I think it is a good bet that not only NDX, but also COMPX and probably SPX have all started a C down today. SPX after having made an irregular B high.

I've been suspecting for some time that the choppy up since earlier this month has been just a B wave. Totally agree that it just didn't feel impulsive. This morning's dump in NDX does look impulsive, as in the start of a C.



To: venividivici who wrote (4697)2/28/2006 11:53:05 AM
From: skinowski  Read Replies (2) | Respond to of 41608
 
If you're in a mood to swap some bearish counts.... ;)

stockcharts.com[g,a]eaolyyay[d20060103,20060227][pc9!c50!i!f][vc60][ilb14!la12,26,9!lp21,13,8!lp13,8,5!lp8,5,3!ll14!lg][J53630395,Y]&pref=G