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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (5896)	3/4/2008 10:31:17 PM
From: hawkeyefan	Respond to of 41714

I hadn't thought of that.

To: Moominoid who wrote (5896)	3/4/2008 11:10:18 PM
From: skinowski	Read Replies (2) \| Respond to of 41714

That' possible. Interesting how many plausible hypotheses we have out there. ER's, Tea's, JJ's, your potential ED... and all of them are legit. There are others. My favorite (on COMPX/NDX) is that perhaps we completed the 1st subwave of a larger down move which started on 2/27 top. The action since the Jan top was a W4 triangle. Mui simplifico. This afternoon's impulsive bounce is likely to be the start of a retracement prior to more down. This view has the advantage of being in line with the trend of the past several months. But.... it's the 5th since October, and 5ths can be very capricious.