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


To: skinowski who wrote (10564)6/30/2009 10:28:20 AM
From: skinowski  Read Replies (1) | Respond to of 41530
 
Da mood is changing.... regrettably, I got stopped out of about 1/2 of trading shorts. Such is life. Of course, the rally may resume in the short term. There is hardly any real damage so far.

The decline off the June 11 top was a three-waver. Unless proven otherwise, the (larger) March rally is still alive.

One bearish interpretation could be - and that's a big maybe - that the orthodox low of the June decline occured on June 17 -- and that everything since then was an expanded flat correction.

Gotto keep watching wiggles and sentiment for clues....