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To: Henry J Costanzo who wrote (137618)10/18/2006 5:42:18 PM
From: The Freep  Respond to of 209892
 
You've covered it, and as I said... "tough" maybe, but kinda only academically interesting since you're well on record as saying "trend is UP" and were saying we were going up before most anyone else was even thinking that.

I think, actually, that your use of e-wiggle-wave here is a great example of how a very short term trader could use it, but also is keeping an eye on a bigger picture. Your targets work well, and are great entry/exit points for anyone looking for either. From a longer-term point of view, they're moot as 1397 (or higher) is in the offing in your count, so if one is looking out past more than the end of this week or so, these small moves are meaningless. Fun, though.

I'm about to disappear again, but I'll try and lob at least one more annoying question your way!