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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (138912)	11/29/2006 12:45:56 PM
From: skinowski	Read Replies (1) \| Respond to of 209892

Let's see... Looking at COMPX for a change, we have a clean pretty wiggle three-waver (ABC?) up from yesterday's lows. At this time, it looks like if the index makes new highs, we'll have an impulse up from yesterday's bottom (which would be bullish for new bull market highs to come). So, this makes it an nice juncture. Maybe even a cheap low risk short against today's highs. A nibble, no more... since the evidence for any breaking down is missing.