4 replies to this topic

[thespookyone]

While Teapartys new high scenario might well play out-I don't think we are out of the woods quite yet. After the 90% sell volume Friday, I'm still willing to play devils advocate here. While Teapartys' take may well be right (he's a lot better ewaver than me)-my take to here is that we just completetd a wave one down, and are bouncing to wave 2 in a five wave down-which puts my target in the 1445-1450 area. Price will make one of the takes right. Spooky

[calmcookie]

While Teapartys new high scenario might well play out-I don't think we are out of the woods quite yet. After the 90% sell volume Friday, I'm still willing to play devils advocate here. While Teapartys' take may well be right (he's a lot better ewaver than me)-my take to here is that we just completetd a wave one down, and are bouncing to wave 2 in a five wave down-which puts my target in the 1445-1450 area. Price will make one of the takes right.

Spooky

I agree that the last song (low) is not yet in. Wait for the curtain call and well fed finale

Good luck, C.C.

Edited by calmcookie, 25 June 2007 - 12:45 PM.

[eminimee]

I'll entertain that idea if you can show me a clean 5 waves down from the high for your wave 1 down.

[thespookyone]

I'll entertain that idea if you can show me a clean 5 waves down from the high for your wave 1 down.

Fair enough-doesn't it count pretty clean if I view your red b as a trunkated fifth?

Edited by thespookyone, 25 June 2007 - 01:11 PM.

[eminimee]

still alive
http://stockcharts.com/c-sc/sc?s=$SPX...3924&r=4422