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To: Rarebird who wrote (6070)9/30/2010 9:57:24 AM
From: westpacific  Respond to of 26251
 
Gotta love all the bear capitulation talk this past week!

Almost home...room into 1175 SPX however the October 1st window at least should be the top.

This in the face of just downright nasty news over in Europe. If anything folks should fear a collapse of government! They simply are all running out of money to keep things going...

West



To: Rarebird who wrote (6070)9/30/2010 11:37:13 AM
From: westpacific  Read Replies (1) | Respond to of 26251
 
If today marks a top in an ABC retrace the high on SPX was an exact percentage gain to the A wave...

The 1 low of July into an ABC correction...meaning the 2 top is in and we now go below July lows (1010).

The 3 low should be below 900.

Houston we have a top.

West