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

To: venividivici who wrote (4881)4/24/2006 8:42:44 AM
From: robert b furman  Read Replies (1) | Respond to of 41479
 
Hi vvv,

3 of iii of three is the bigest run of all?

Any historical percentage to be expected?

TIA

Bob



To: venividivici who wrote (4881)4/24/2006 10:36:05 AM
From: the-phoenix  Read Replies (2) | Respond to of 41479
 
Well, NDX has retraced .786 of last week's rally so far. Below last week's low I favor my previous read that we are in a 3/C down, and we would now be in the iii thereof. Last week's rally was a sharp ii, in that case.

Of course, this count doesn't really work with any of the other indexes. But I don't favor any of them being in a 3 up here. Next new high or low is a clear short to me.

But ewave is not helping me right now.


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