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


To: Henry J Costanzo who wrote (147006)7/31/2007 10:50:23 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Man, I think we all are still suffering from battle fatigue from trying to divine the advance since 2002. All I know is that looking at the long term monthly chart I have a far easier time finding the advance to be impulsive on SPX and INDU, and - corrective on OTC's.

On SPX I am willing to settle for a Double Top - g/ng.

In fact, SPX advance was very nicely channeling -- it was sitting just above the upper line of its 2002 regression channel as recently as on the 19th of this month.



To: Henry J Costanzo who wrote (147006)8/1/2007 12:02:40 AM
From: Shack  Respond to of 209892
 
BTW...I would love to see someone present an EW count from the 2002 low different from the one I have presented....After all, this IS an EW "workplace"

I can't count the DWC or SPX Henri, not clear enough for me. This why I have been floating around the sector charts and "lesser" indices looking for clues. Or as you might call it, "ancillary evidence"-vbg



To: Henry J Costanzo who wrote (147006)8/1/2007 9:10:08 AM
From: Moominoid  Read Replies (1) | Respond to of 209892
 
I did, though it was pretty similar to yours but less bullish.