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#1 eminimee

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Posted 28 August 2008 - 08:44 AM

http://stockcharts.com/c-sc/sc?s=$OEX&p=60&yr=0&mn=10&dy=3&i=p42829663700&a=81733615&r=2986.png

#2 skott

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Posted 28 August 2008 - 11:27 AM

TP, would you say this count is invalidated because the d wave within the triangle has gone as high as it has? I am unsure about throwovers.......my thinking is it is ok if it comes at the end of a structure?

#3 eminimee

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Posted 28 August 2008 - 12:47 PM

Triangle idea is busted...not sure what's going on here right now....we are going up on fumes....

#4 skott

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Posted 28 August 2008 - 01:10 PM

May just be another retest of the broken trendline. This is a chart of the Dow, though, and not the OEX Dow_H_S_Top_8_28.jpg

#5 skott

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Posted 28 August 2008 - 01:59 PM

This is looking like a strong possibility Dow_Impulse.jpg

#6 StillLearnin

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Posted 28 August 2008 - 02:03 PM

Tea, What about a B wave running triangle that broke out today where A was 1200-1291 and B was a running tri? If so A=C at 1354 which is very near 89 week EMA and 200 ema on daily... SL?

#7 eminimee

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Posted 29 August 2008 - 05:29 AM

Possible SL..or the new tri I just put on that chart. Either way....gut says OEX will hit the 615/620 area...not sure how we get there....again....below 1260 before a new high for this move and it's over me thinks...