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

To: skinowski who wrote (28247)	6/5/2018 4:04:13 PM
From: jjstingray	Read Replies (1) \| Respond to of 41536

With the NDX and the Compx making new highs, they are in the middle of huge move up. I guess that is also a devils advocate argument. Hard to imagine us going up or down here. Evidence of both on the horizon.

To: skinowski who wrote (28247)	6/5/2018 10:44:40 PM
From: skinowski	Read Replies (1) \| Respond to of 41536

As PS mentioned, many popular EW names are turning towards the bearish outlook. Not all - checked Caldaro's public charts on Stockcharts... to my surprise, he is showing the same thing I suggested in the post to which I'm replying - 2553 in early April being the low of the entire correction. The money isn't in being right - it's in doing the right thing... which, in my case, at this point means being moderately long. Long - because the longer term trend is still intact. Moderately - because of the lousy seasonality (especially during midterm years) - and the still realistic possibility that this may turn out to be NOT a W4 correction, but rather the start of a larger degree bear market. If that happens, the rules will take me out.