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


To: jaker who wrote (7291)6/21/2008 8:48:08 PM
From: skinowski  Respond to of 41419
 
Can't do a chart now, but start your count from the top on May 21. What you labeled as "X" - change it to "A" - and then continue, and you'll find that we are in Wave "E".

I can't be confident about the count, in part because the rally from May 1 looks like a three-waver. Possibly, the top on May 1 may prove to be Wave 1 of an Ending Diagonal? In either case, the chart seems to suggest that we haven't seen "the" top yet.