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To: skinowski who wrote (134720)7/24/2006 11:40:24 PM
From: Moominoid  Respond to of 209892
 
Interesting scenario and I would be happy with the triangle one. The net result though will be the same that once the correction is over we go down in a C or Y. I won't try to guess which it is and will just follow the model :) However, I pretty much KNOW that the stochastic will rise to the end of the week (can change my mind LOL) and hard to think it will rise on falling price levels after tomorrow. That's why I see prices likely exceeding your triangle C of E.

Where I still have to guess is when I decide that the bear market as such is over and switch my long term investments towards a more aggressive stance....