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I'm on the fence..
Started by
eminimee
, Jul 23 2007 07:30 AM
2 replies to this topic
#1
eminimee
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- TT Member
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I don't care who's fur is flying...
Posted 23 July 2007 - 07:30 AM
Is that this would explain any truncated 5th on spx...or we do get that "one more high" on spx with OEX diverging (That would be a real TELL for a top) ...won't be "THE" top however if this count has any weight.
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#2
arbman
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Posted 23 July 2007 - 07:41 AM
This is the most likely scenario imho too, I do not believe in e-waves anymore, but from the price patterns that I've seen, the current state of the market since June is a corrective but strong market action and the worst is probably going to come out now, if it is yet to come out...
#3
arbman
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