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About 10% corrections


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#11 Echo

Echo

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Posted 21 August 2007 - 12:36 AM

FWIW, NYMO breaks above the declining tops trendline from July-Aug and maintains a bottoms above bottoms structure. SML, MID mco do the same as broad market recouping. However, vol mco mostly caught in a triangle pattern, stalling at the top today. Could breakout or be rejected. NYSI bottoming close to -1000 near the July 2002 lows. A few small point changes. Expecting a big move in the next 1-2 days. Echo