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


To: rayrohn who wrote (8569)9/12/2008 11:25:58 AM
From: Galirayo  Read Replies (2) | Respond to of 41420
 
>>>hell QuoteTracker with a free feed from Ameritrade seem to be working just fine lol<<

QT has worked very well for me .. it's worked when a lot of others didn't. It hooks to the feed from 20 or so diff brokers. If one goes down and you have more than 1 account just flip it to one of the others.

The only problem I've ever had with QT was about 3 years ago when one of the Frequent daily updates failed to work .. then it only took them a day to fix it. It was about the time Amer trade bot em.

quotetracker.com



To: rayrohn who wrote (8569)9/12/2008 10:50:59 PM
From: skinowski  Read Replies (2) | Respond to of 41420
 
I am having a hard time put the 2008 price action in any kind of a e-wave pattern

QQQQ: Let's start by breaking up the task into parts.

First - let's review the stretch from October 2007 down to the March 2008 low. I think it is a five wave impulse. As a less likely alternative, it may prove to be an ABC down, with "B" ending in Dec 2007.

The rally from last March till June - hard to tell. I think it was corrective, but (less likely) it could be hiding an impulse. If and when this current decline prints new lows, we will KNOW that the preceding rally was indeed corrective.

The decline since May is a three-waver. Possibilities? It could be W1, W2 and 1 of 3 (of 3 or C).

A bullish count that is still on the table is a big ABC-X-ABC down from October 2007 top ("X" being June high). I don't favor it, but it's possible.

At this time I would *begin* considering larger bullish counts only if QQQQ breaks decisively above resistance near 46 - and maybe even 47.

On the hourly it appears that the decline since 8/15 is missing at least one more swing down - the fifth. To me it looks that it is likely to happen.... but from time to time (actually, in fact, quite often) Mr. Market likes to surprise us Elliotticians... -g