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To: Henry J Costanzo who wrote (193613)8/28/2011 3:17:49 PM
From: hawkeyefan  Respond to of 209892
 
How come you couldn't just agree and make me feel good? -g-

Seriously, to me what I said is the best explanation for what happened from mid Feb to late July.
The May 1 to mid June move was three waves and the rally after that was five waves.

I remember that Tuesday in mid Feb when the decline started. It just broke away and went down. It just felt like something new was happening. I went short the Thursday before because that was a cycle day for me. Friday closed over the high of Thursday and I figured I was wrong but decided to give it another day.

In late July I was long and was totally convinced more up was coming before a decline. It ended before I was ready.

Anyway, I am staying with what I stated. If I am wrong, I want it to be what I think and not something I read and decided to follow. What I have been doing is basically working with a couple of hiccups.

I won't bring up this longer term count again.

The shorter cycles ( 3 to 4 day cycle ) sure are hard to decipher for awhile now. Not sure if I have them correct or not. I know where they should be, but sometimes they decide to do something else.

And yes, I agree with your shorter term count.