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


To: rcksinc who wrote (7137)6/13/2008 1:25:33 PM
From: skinowski  Respond to of 41602
 
There are many ways of counting the wiggles; that post reflects a couple of them. Of course that abc could be 1-2-3. The important thing is that for as long as 1373 - 75 is intact, the odds are higher for the bearish case, and above that level it's more likely that the rally has legs. For now, it's in a "short the bounces" mode - and this is a bounce. I don't think it's over yet. And the trend is clearly down - from wiggles to the weekly.