Edited by goldswinger, 06 May 2010 - 01:34 PM.
1150 long gone, major wave C down underway.
Started by
goldswinger
, May 06 2010 01:29 PM
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#1
Posted 06 May 2010 - 01:29 PM
I think by now it is quite obvious that those who put their bets strictly on the breadth indicators A/D line etc. lost a pile of money. I wonder where Fib is? he vanished at the right time to shed some light on this.
But violating 1150 by a long shot to the down side makes all my weekly and monthly charts bearish and that can only mean confirmation that this Bool run is over........................
With that said , this is wave 3 of 1 down and a wave 4 bounce should allow one more chance to exit longs.
GS.