On ndx...futures made a new high without cash confirming...bearish.
Question now is ....is there another 5th to come....this should still be a health pull back regardless.
If we happen to take out spx 1505..we have a B wave top confirmed in place imvho...and if we do....I'll have to seat DaChief next to Abby at the next dinner party.
http://stockcharts.com/c-sc/sc?s=$NDX&p=60&yr=0&mn=3&dy=21&i=p07897898294&a=89602802&r=8403.png
Looks like a failed 5th
Started by
eminimee
, Oct 19 2007 09:31 AM
1 reply to this topic
#1
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 19 October 2007 - 09:31 AM
#2
milbank
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- TT Patron+
- 4,714 posts
Member
Posted 19 October 2007 - 09:59 AM
On ndx...futures made a new high without cash confirming...bearish.
Question now is ....is there another 5th to come....this should still be a health pull back regardless.
If we happen to take out spx 1505..we have a B wave top confirmed in place imvho...and if we do....I'll have to seat DaChief next to Abby at the next dinner party.
I wonder if Abby knows that her appearances on the Wall Street informercial (CNBC) is the most famous and consistent fade on the planet? I wonder if her appearances are purposely done as a signal. Whether she does it on purpose or not, she is perversely consistent.
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
