Looks like a failed 5th
Started by
eminimee
, Oct 19 2007 09:31 AM
1 reply to this topic
#1
Posted 19 October 2007 - 09:31 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.
http://stockcharts.com/c-sc/sc?s=$NDX&p=60&yr=0&mn=3&dy=21&i=p07897898294&a=89602802&r=8403.png
Question now is ....is there another 5th to come....this should still be a health pull back regardless.
If we happen to take out spx 1505..we have a B wave top confirmed in place imvho...and if we do....I'll have to seat DaChief next to Abby at the next dinner party.
http://stockcharts.com/c-sc/sc?s=$NDX&p=60&yr=0&mn=3&dy=21&i=p07897898294&a=89602802&r=8403.png
#2
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