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Bottom's in....


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#1 eminimee

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Posted 09 January 2008 - 05:56 PM

Maybe... :)



This low today on SPX was it.....or the oex hourly might be calling for an abc up here then another low....

The count was changed slightly...making the 1523 top another X instead of B first posted on Dec 9th.



Now:

http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=10&dy=3&i=p32870038364&a=124643024&r=5838.png





As of Dec. 7th



Posted Image



OEX "might" want another low after an ABC up.....



http://stockcharts.com/c-sc/sc?s=$OEX&p=60&yr=0&mn=10&dy=21&i=p43282022215&a=127147851&r=6460.png

#2 Iblayz

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Posted 09 January 2008 - 06:59 PM

Nice work Tea.

#3 dcengr

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Posted 09 January 2008 - 09:09 PM

Tea, You're a money printing machine :blush:
Qui custodiet ipsos custodes?

#4 IndexTrader

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Posted 09 January 2008 - 09:16 PM

So this is "the bottom", as opposed to "a bottom"? Allowing for a possibility of a marginal new low in the OEX. IT

#5 thespookyone

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Posted 10 January 2008 - 12:16 AM

Hey Tea, nice charts, as usual. I have to go with your oex count here, which lines up best with a lot of things I have, especially the current state of market internals.

#6 eminimee

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Posted 10 January 2008 - 12:14 PM

So this is "the bottom", as opposed to "a bottom"? Allowing for a possibility of a marginal new low in the OEX.

IT





Yes....that's why the "smilie face"...I think I explained myself very clearly IT.....did you not understand?? Or just wanted to throw an elbow?