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


To: skinowski who wrote (7262)6/20/2008 12:45:49 AM
From: jaker  Respond to of 41420
 
I was playing with this version of QQQQ

h1.ripway.com

ooops 60m timeframe, for the chart...

note: price has already tagged the pitchfork median line at .618 fib. ext. target... the pop could even be over?

However, if indeed in C wave I would think a longer run. Or the start of a abcde pattern...



To: skinowski who wrote (7262)6/20/2008 10:57:18 PM
From: Moominoid  Respond to of 41420
 
Including Friday's decline I now seem 5 waves down from the May high. The move down from June 17th could just about be an ED, though it could also be just 3 waves of 5. But either way, pretty soon there should be some corrective or impulsive rally. This isn't what a crash looks like.

My bullish count is in my previous post:

Message 24693766