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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?


To: skinowski who wrote (907)6/11/2008 6:11:11 PM
From: AllansAlias  Read Replies (1) | Respond to of 3209
 
A, re: SPX

I have thought about the possibility that this is finishing an 'a-b-c' correction down off the May high, which would presage a new run upward, but I do not think the odds favour it. A 'c' wave is always 5 waves. What we see off the high of June 6 is down, pause, down. That does not smell like a 'c'.