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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: J.F. who wrote (20337)11/20/2006 5:16:47 PM
From: Galirayo  Respond to of 23958
 
Crapstone ... Well .. The way I look at it JF ..

Is just the chart ... the Aug breakdown should have been a 5 of C in an ABC .. but it went into an extended 5th wave to 1.24 after it Broke.

Now we should be looking at 2 down in Flag Formation and moving into a 3 Up .. "IF / When" it turns.

1.25 to 1.75 sept - Oct .. should be viewed as an Impluse Wave 1 ??

But as you say .. time will tell. Return to the Mean at 2.25 would not shock me. But the Genuine Mean is 3.30ish.

stockcharts.com

It's showing a bit of accumulation.
stockcharts.com