Futures at the lows and seems to be holding. We may get F8
#1
Posted 17 April 2007 - 01:07 AM
#2
Posted 17 April 2007 - 06:22 AM
elevated Core CPI or the rally will maintain its strength
started just like today
#3
Posted 17 April 2007 - 06:32 AM
The future is 90% present and 10% vision.
#4
Posted 17 April 2007 - 06:39 AM
But still the fractal is almost drowning - it has to get above water today or I think the fractal may have to wait until may 10-13
maybe hanks fractal isnt working here? i mean didnt he say it is eliminated on a new high? we have seen it in the nya and spx not the dow and sox/ndx. just keeping an open mind.
#5
Posted 17 April 2007 - 07:54 AM
#6
Posted 17 April 2007 - 08:46 AM
But of course it's important not to "fall in love" with a specific position
Lots of Hank's fractal work is outstanding. However, over the past couple of weeks I got the feeling that fractals were being sought that actually supported a declining market scenario.
That doesn't mean it won't eventually happen--it's just that this market has rallied quite a bit in the past couple weeks.