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

To: Henry J Costanzo who wrote (162161)	2/14/2008 11:42:22 PM
From: The Freep	Read Replies (1) \| Respond to of 209892

This is probably a silly quibble, but my problem with your SPX chart is that your B wave is actually a bit longer than your impulsive 1 wave. I don't think that's illegal, but it's really kinda odd looking to me. In other words, I don't love it. I agree it's valid, and I agree the SPX daily doesn't have to turn down here for anything at all. But for me, sentiment is the only real argument the bulls have, and even at its best it's imprecise. Maybe I get a retest or new lows with positive divergences??? Hey, a guy can dream (that if he mentions 5 scenarios, one will come true!)